Asking Price: $170,000 Gross Revenue: $511,665Cash Flow: $45,424 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $8,000 included in asking priceFF&E: $53,111 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.
This is a must see beautiful upscale salon is well established since 1983, over 35 years. Located at junctures of 2 major thoroughfares in North Phoenix There are 18 hair stations of which 14 are currently rented at $220.00 per week per station. The 6 nail stations are all rented at $160 per week per station. Services are varied including pedicures, eyebrow services, waxing services, and foot massages. This is not a seasonal salon as they are busy all year long, a little busier during the holidays though. Very steady income with minimal staff turnovers, and good books & records. Current Manager is also a stylist and will stay and rent a chair. Call Lynn Levinson 602 618-3308 for an appointment or more details.
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