Located off a highly traveled road, this salon is well known and has a well established history. Opened Tuesday-Saturday with walk-ins welcome. Long history of repeat customers. This salon has potential of growth by keeping the stations full as well as benefiting from business and population growth in the surrounding area. Inquire today-- this is a turn key operation ready to go with new owner!
About the Business
Number of Employees:
Building Sq. Ft.:
$1,800.00 Per Month
Located off a highly traveled road in a strip Center. Rent is 1800 a month- There are 4 chairs - two wash stations- a pedicure chair as well- There are also two additional rooms for other services etc-
Growth & Expansion:
Growth potentials include getting a website- Also the area is growing with apartments and other businesses in the area- Great location! Fill all stations
Willing to what is reasonably necessary for training and also willing to stay for a reasonable time period on for a smooth transition
Ad Detail Views:
Asking Price: $70,000 Gross Revenue: $135,000Cash Flow: $45,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,500 included in asking priceFF&E: $15,000 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.
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