Asking Price: $35,000 Gross Revenue: $315,000Cash Flow: $69,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $20,000 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.
5-year old successful Beauty Salon located in a busy shopping center within a densely populated neighborhood.
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Mo.:
This unique beauty salon was opened five years ago when the owners came here from the Dominican Republic. They worked in a shop in Richmond for a while and were so successful they decided to open their own shop. They established loyal clientele and at had 5 technicians working. An unfortunate accident caused the shop to close for 3-months. Now the salon has been completely remodeled and the owner is in the process of rebuilding the client list and attracting new technicians.
It is a great location, in a busy shopping center between a popular area restaurant and a busy women's clothing store. The salon is well decorated and very clean.
Growth & Expansion:
Owner has never advertised except on social media. The neighborhood is densely populated and advertising to the local area would improve traffic.
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
full Terms & Conditions.