Asking Price: $95,000 Gross Revenue: $213,306Cash Flow: $120,460 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $7,000 included in asking priceFF&E: $20,000 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.
Salon in South Tampa plaza with plenty of parking, established 15+ years. 10 stations, 3 shampoo bowls and 6 stylists including owner. Low overhead easy to run business. 80% of business is hair color with high ticket average. Two stylist stations currently rented at $225 week (covers most of the rent) and two stylists on split. Room to grow in both chair rentals and stylists on split. Must see decor, furnishings and equipment! 2018 numbers are thru May annualized. Please refer to listing #3353238267 and ask for Vince Locricchio when inquiring. Thank You!
About the Business
Number of Employees:
Lease/Month: 2500 Square Footage: 1200 Building Type: Retail Plaza Terms & Options: Available Expiration Date: 5/31/2020
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