Asking Price: $175,000 Gross Revenue: $435,000Cash Flow: $67,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $80,000 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.
Owner NOT a Barber; Brand New, beautiful, high end Barbershop; just open in September 2018; Great location in the Dr. Phillips area and very good rent and lease. 10 brand new stations all built with the highest quality; Great business for a Visa; Average cut is aprox. $20 (not including tips). One of the partners decided not to move to Orlando so they are dissolving the partnership. Partner in charge of the operations since they started building this beautiful barbershop is willing to stay with a new buyer under the right conditions to be negotiated.
Don't loose this opportunity, sales already growing per chair and sellers have spent some good money in advertising within their area of influence.
See current and projected sales information and P&Ls in attached excel for the different scenarios: all Split, all Rent or 1/2 and 1/2; all very profitable depending on your management strategy.
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.