Asking Price: $239,000 Gross Revenue: $395,673Cash Flow: $49,924 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $12,000 included in asking priceFF&E: $30,873 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.
Body of web ad
A profitable, well-run hair salon with a proven, successful absentee-owner business model is for sale in Austin, Texas. It’s in a prized location in one of the nation’s fastest growing cities. Austin, Texas is on a number of ‘most desirable places to live’ lists and continues to grow at the rate of 50 new residents a day. The facility is roomy and space is beautifully utilized with over 30 rentable stations. Due to a great ambiance and teamwork, the stations stay full the great majority of the time with full and part time stylist renters and lower than average turnover. Located in a full retail center with steady drive-by traffic. There is a high density mix of nearby retail, multifamily residential developments and new office buildings, offering a very appealing market of new and existing clients. The current owner has successfully operated this business for over 10 years profitably during that entire time (no direct salon experience necessary to be successful due to proven business model). Now there is a track record of close to 20 years of success at this location! Excellent business for investor owner who wants to work on the business as overseer but not necessarily in the day-to-day operation. More income would be available for an on-hands owner-operator who could take the place of a manager or part-time employee. Current owner is nearing retirement and ready to find the next great owner to keep this wonderful business going, and will negotiate an ample training period to ensure a smooth transition.
About the Business
Number of Employees:
Building Sq. Ft.:
$8,965.00 Per Month
The business is located in leased space in an established retail center with excellent visibility and steady drive-by traffic
Competition is typical, although few salons of this size in the area
Growth & Expansion:
Add more retail, add services, duplicate the successful business model and salon concept in a second location
Absentee-Owned Successful Salon in Prime Location for sale in Austin,
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.