Asking Price: $95,000 Gross Revenue: $360,000Cash Flow: $70,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,000 included in asking priceFF&E: $50,000 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.
Full Service Hair Salon and Spa is available for Sale in Fairfax area. Established for 9 years. Exciting opportunity to walk into a turn-key operation of a beautiful salon and spa in an excellent, location and established customer base. The high-quality built-out of the space provides a tranquil and appealing environment that can support high customer volume. Beautifully decorated salon located in a high traffic avenue within a strip mall located close to a very affluent residential area. Today the salon has 11 hair stylist positions, 1 Eyebrow and 3 shampoo stations, and a nice reception area with amenities for customers to enjoy while they wait for their appointments. Salon also has 2 bathrooms, 1 office, 1 storage area, 1 staff break room, 1 laundry and 1 spa room for waxing. This is a full-service Hair salon, ideal for an absentee owner, or a great opportunity for an owner operator to increase their income by supplementing their practice with the services of other beauty specialists from whom they can collect rent or commission.
Current owner operates only for 6 days in a week and did not spend a lot of time or money on advertisement, so these areas need to be looked at for potential growth.
Full Service Hair Salon and Spa in the heart of Fairfax
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