Asking Price: $39,450 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $1,000 included in asking priceFF&E: $44,000 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.
A very Motivated Seller. A turnkey Fantastic Sams Cut and Color located in Ventura County near an affluent area in a newly remodeled and a very busy shopping strip with multiple anchor businesses is available for a new owner. The hair salon was opened in January 2019 incorporating all new Fantastic Sams upgrades with 7 chairs, a new and to the (FS) code wall paint, products display shelves, 3 shampoo chairs, and a full color bar.
The owner has hired 6 stylists and a manager to convert the business to a semi absentee owner type.
While average weekly gross revenue in CQ1’19 was $1,377, in CQ2’19 it improved to $2,231. Growth opportunity is tremendous for this location. All Financial and TI records are available to review for serious buyers.
This is a Fantastic opportunity for an existing Fantastic Sams owner to expand or for an entrepreneur to start investment in a turnkey business solution at a discount price.
Contact Matt Manavi at 714-923-1222 for further information about this opportunity.
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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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