Asking Price: $45,000 Gross Revenue: Not DisclosedCash Flow: $10,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $30,000 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.
This gorgeous salon has served the North Raleigh market for decades and it's time for a new owner to continue the cash flow.
With recent upgrades from the floor to the chairs to the ceiling, this salon is clean and vibrant. It comes with a team that works together, and the owner has recently increased weekly rental rates so the new owner won't have too.
This Salon is located in North Raleigh in one of the most affluent zip codes in the market. It's in a shopping center with plenty of parking and upscale restaurants and shopping.
This opportunity is perfect for a stylist looking for a new or additional location, or one who wants to OWN the salon instead of renting the chair. Based on weekly revenues this salon covers expenses with more than $10K in earnings per year and has four additional chairs to fill. A new owner could rent all four or just rent three and have the third to operate his or her own styling business and keep 100% of their commissions.
Please submit an inquiry on the right and we can share all the details such as pictures, location, and more. You will be asked to complete a "Non-Disclosure Agreement" which simply asks that you respect this operating business and only approach the business owner with an appointment.
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Mo.:
Protected from other salons moving into the mall by an agreement with the landlord.
Make Almost $10K/yr Before You Get A Free Chair For Your Clients!
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
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