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Real Estate Rental Company Seeking Loan in Atlanta, USA

Business providing salon suite spaces across 4 locations in Georgia, seeking funding for expansion.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity C Corporation
Reported Sales USD 423 thousand
Run Rate Sales USD 390 thousand
EBITDA Margin 19 %
Industries Real Estate Rental + 1 more
Locations  Atlanta
Local Time 4:42 PM America / New York
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 250 thousand for 8.0% annual interest, 5 years (Native Currency: USD 250,000)
Reason: We are looking to purchase additional locations and pay down debt incurred from our last 2 purchases... View More
Collateral Available: USD 900 thousand
Includes physical assets worth USD 750 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview
- The company specialises in providing salon suite spaces specifically tailored for beauty and hair professionals.
- Strategically situated across 4 owned real estate locations in Georgia, enhancing asset stability and growth potential.
- Operational model based on weekly rental payments from professionals, providing a steady and predictable income stream.
- Each suite is fully equipped with essential amenities such as mounted televisions, styling chairs, stations, mirrors, and mats, ensuring practitioners can begin operations immediately.
- Ownership of workspace equipment ensures consistency in quality and reduces dependency on external suppliers for suite outfitting.
- Unique floor plans for each location provide variety, allowing professionals to select spaces that best fit their operational needs and aesthetic preferences.
Products & Services Overview
Provides fully-equipped salon suite spaces for beauty and hair professionals, including stylists, estheticians, and barbers. These professionals rent the suites on a weekly basis, utilizing the space to run their independent businesses.
Assets Overview
Own business properties as well as all the equipment in the building.
Facilities Overview
Own salon suite spaces in 4 locations across Georgia.
Capitalization Overview
We have self-funded our business to this point. As stated each of our 4 locations has mortgages totaling $1.25 million, with a market value of over $1.95 million.
Our business is 100% husband and wife owned.
Recent Activity
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2 Investors contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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