Asking Price: $17,500 Gross Revenue: $270,689Cash Flow: $20,800 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $8,100 included in asking priceFF&E: $40,100 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.
The two branded hair salons are in the Henrico County, VA area located in high traffic retail centers.
Salon #1 opened 12 years ago has steady sales operates with 5 stylists and has 6 stations. The salon is absentee owned and manager operated.
Salon #2 opened in 2006 currently has 8 stations and 5 stylists and has shown a steady sales increase the last three year’s this salon is also manager operated. For the 1st Quarter of 2018 this salon had a 3% sales increase.
The combined 2017 cash flow for these two salons is $20,800. Their is $10,000 of market money available for these two salons.
With the current sales at salon #2 and the potential at salon #1 plus $10,00 in marketing funds this is a great opportunity to get in at a great price.
About the Business
Number of Employees:
Building Sq. Ft.:
$2,433.00 Per Month
Both locations are in busy retail centers with great road visible and reasonable rents
Job Transfer Must Sell-Two Branded Salons with positive cash flow
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