Asking Price: $299,000 Gross Revenue: $414,033Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $18,500 not included in asking priceFF&E: $10,000 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.
Centrally located extremely successful high-end salon enjoys a very long-standing relationship in the community and an excellent reputation in the beauty industry. Located on a busy avenue, this business is a well-known, fashion-focused, service-oriented salon offering the finest of amenities and style. Having created a very loyal customer base, the salon delivers uncompromised quality and the most advanced support and hair care available.
Amazing location, beautiful interior, numerous work stations, an abundance of interior and exterior seating, plentiful parking, great relationships with the community, this full service salon is a special business. An incredible turnkey opportunity for someone who desires to own and operate their own salon.
About the Business
San Diego County, California
Number of Employees:
Building Sq. Ft.:
$11,340,000.00 Per Month
1,800 sq. ft., stand-alone boutique retail location; Rent: $6,300 per month; Leased through June 30, 2022 with additional 5-year term option.
The beauty salon industry focuses on developing talent to grow a loyal customer base willing to spend on expanded products and services. The industry is one of the strongest performing within personal care and is now even one of the fastest growing industries in the U.S. Among other things, barriers to entry to the industry are the high costs of starting from scratch. A competitive advantage can be obtained by acquiring an existing salon with an excellent reputation and successful history, especially one that others consider a leader amongst the intense competition for the consumer spending dollars available.
Exceptional Hair Salon in Amazing Location-SBA Possible
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