Asking Price: $650,000 Gross Revenue: $600,000Cash Flow: $150,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $50,000 included in asking priceFF&E: $100,000 included in asking priceShare 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.
This is a unique opportunity to acquire two existing Salon Suite businesses. Both Salon Suites allow hair stylists, estheticians, massage therapists, make-up artists, nail technicians and others in the personal services industry to operate their own business in a professional salon and spa atmosphere. The two salons have a total of 60 leasable suites. This is not a franchise. Each suite is leased to an independent operator who runs their own business. Each suite typically leases for between $150 to $300 per week. The major expense is the landlord rent of the total space and utilities. Includes all finish out, owner owned equipment, furniture, fixtures, washers, dryers and more. Shopping centers of all sizes, national and local known retail users and restaurants all around the two areas.
About the Business
Number of Employees:
Building Sq. Ft.:
$11,000.00 Per Month
One salon is approximately 10,000 sf. The other salon is approximately 6000 sf. Both salon suites are in high traffic, excellent locations. Lots of parking.
The information on this listing has been provided by either
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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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