Asking Price: $85,000 Gross Revenue: $400,000Cash Flow: $30,000EBITDA: $5,000Inventory: $10,000 not included in asking priceFF&E: $35,000 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.
Beautiful Hair and Beauty Salon in an Upscale Neighborhood of Miami Beach. 5 star rating on Yelp. Fully Equipped for Hair Care and all beauty services (Facials, Waxing, Manicure, Pedicures). The clientele is high-end and loyal. Professional and trained employees willing to stay. All licences in place. Lots of street parking. Plenty of room to keep growing the business.
About the Business
Miami Beach, Florida
Number of Employees:
Building Sq. Ft.:
$6,300.00 Per Month
7 hair station, 4 shampoo bowls, 4 pedicure stations, 5 manicure tables, 2 full equipped spa rooms for WAX and Facials, lots of storage space New AC.
There are multiple salons in the street. None of them offers all the services in such a big and open space. The price list could be raised by 5 to 10% as a very expensive salon is starting across the street.
Growth & Expansion:
Possibility to expand the operating hours by opening the Mondays. possibility to hire more hair stylists and keep the salon open till 9pm to service client after work. Opportunity to rent one SPA room to a massage therapist or to perform Botox treatments.
Hi-end established HAIR and BEAUTY Salon in Miami Beach
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the seller or a business broker representing the seller. BizQuest has no interest
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