Asking Price: $100,000 Gross Revenue: $680,791Cash Flow: $115,407 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $200,000 not included in asking priceFF&E: $25,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Well established beauty supply store with variety of brand name products exclusive to this business is available for acquisition. This business was originally established over a decade ago in 2004 by the current owner of the business. Most of the customers are low to middle-class African American individuals that lives in the surrounding densely populated residential neighborhoods and many retail businesses that bring consistent foot traffic to the area. Net sales average was $680,000 year that has been generated without any marketing done within the local area of this business. Utilization of traditional marketing and online marketing is crucial if this business is to further grow their sales and acquire customers from the untapped areas nearby this shopping center. There are many ways to proactively market this business such as direct mailing, social media outlets, business website, online orders, promotions, sampling and door hanger coupons. Additional owner involvement is crucial for this business growing in cash flow as a full-time owner-operator will cut unnecessary payroll expenses and create a more efficient work environment for the employees. Competition can be expected for the beauty supply industry, but this business has various exclusive contracts with several top vendors for high quality beauty products. This turn-key business has everything in place for a potential buyer to proactively market this business while being fully involved in the daily operations.
Listing ID #000593
For more info, please call Moon Kim at 1-866-519-2421.
About the Business
San Antonio, Texas
Number of Employees:
This business is located in a 4,712 SF retail strip center that is optimally placed next to numerous residential areas and apartment complexes.
Few competitors are within the immediate market area, but this business has exclusivity with several brand name products that other competitors lacks and the numerous vendors that are within the top 5 national vendors that supplies for this business.
Growth & Expansion:
No marketing is currently done to promote this business, but other proactive marketing methods needs to be fully utilized to generate more cash flow and acquire new customers.
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
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