Business for sale is a well established retail beauty supply located in the Los Angeles suburb of the Conejo Valley. The current owner has had the business for twenty five years and has decided to sell to free up time for her other businesses. The business has essentially been run in a semi absentee fashion and would certainly benefit from a focused full time working owner. The numbers seen here represent a full time working owner and not an absentee situation. This business is basically a turn around situation that needs someone to step in as an owner operator and take advantage of what is in place. There is no website or ecommerce component to this business which if added could greatly improve the business for a new owner. There are three technician stations with one vacancy that could be filled by the new owner which would certainly allow for a more profitable venture. The business is priced to sell as the asking price is less than the value of the the fixed assets and the inventory at cost. For more information please go to www.bizex.net and register or you may call Kendric Foultz directly at 310-968-2369 for details.
Asking Price: $90,000 Gross Revenue: $230,000Cash Flow: $48,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $95,000 included in asking priceFF&E: $25,000 included in asking priceReal Estate: Not Disclosed Share 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.
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