Asking Price: $100,000 Gross Revenue: $741,588Cash Flow: $52,262EBITDA: $52,262Inventory: $8,000 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.
Jump into this high-end, well-established salon in the heart of a thriving community. For over 20 years this salon has been a staple in the community with loyal repeat customers serviced by a fantastic team. With a great team in place the salon is ready for expansion. An owner-stylist to come in and build their clients in this incredible salon alongside some of the top stylists in the area.
The salon layout was designed to create a spacious, private salon experience. When patrons arrive, they enter into a comfortable waiting area and the move into one of the individual stations with their stylist. Multiple wash stations and dry stations are in place to efficiently provide clients will complete salon services. A separate color mixing room is well organized with great counter and working space. Spacious work stations and a great employee break space make the salon as appealing to stylists as customers.
**Note - Cash flow is salon earnings. A trained stylist can earn additional income!**
About the Business
Essex County, Massachusetts
Number of Employees:
Building Sq. Ft.:
$3,500.00 Per Month
Beautifully maintained spacious layout designed to create a relaxing, private salon experience. 6 stations, full color room and reception area. Gross lease includes most utilities!
Located in an upscale, busy town center with ample parking both on and off-street and surrounded by numerous upscale main street businesses organically attracts the right clientele for the salon.
Growth & Expansion:
Growth opportunities include the addition of a new stylist and continued training of associates and assistants to become stylists.
Successful Salon with a full team and great history!
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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