Asking Price: $50,000 Gross Revenue: $130,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $4,500 not 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.
PRICE REDUCED TO ONLY $50,000!
This well-established Boutique Salon is the perfect opportunity for anyone in the beauty industry aspiring to take their career to the next level. This business currently has 6 stylists already in place providing rental income which covers the overhead expenses of operating the salon. This allows a new owner/stylist to maximize their income in a way that would never be possible as an employee or a renter in someone else's salon.
The Seller made a significant financial investment in recently updating the Salon prior to the discovery of the family health issues that are the motivation behind selling the business. Because the sale is health related, time is of greater concern to the Seller than financial gain which is why this business is priced under market value for a modern Salon as impressive and well-established as this.
The Salon is also dual licensed for not only a beauty salon but also as a barber shop which allows for even more possibilities for a new owner moving forward.
Please do not hesitate to contact Broker with any questions.
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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