Asking Price: $95,000 Gross Revenue: $360,000Cash Flow: $110,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,000 included in asking priceFF&E: Not Disclosed 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.
Established for 18 years. Located in grocery anchored shopping center at extremely good rent. 2,600 sf for only $2,800/mth rent. 4 full time + 3 part time staff. This barbershop/hair salon also has nail care service. Established, loyal, repeat customers. Run of the mill service with annual gross approximately $360,000. 7 hair/barber chairs, 3 pedicure chairs, 1 manicure table, 2 massage rooms, 1 facial room.
About the Business
Number of Employees:
Building Sq. Ft.:
2,600 square feet at $2,800/month rent. Roughly another $500/mth for NNN charges. 7 hair/barber chairs, 1 shampoo, 1 dryer, 3 pedicure chairs, 1 manicure table, 2 massage rooms, 1 facial room, 1 set of washer/dryer.
Well established with not much marketing
Growth & Expansion:
Need a little bit of face lift and aggressive marketing, this salon can grow further easily.
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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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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