Asking Price: $190,000 Gross Revenue: $200,000Cash Flow: $158,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $6,000 included in asking priceFF&E: $9,000 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 beauty salon was established five years ago and centrally located location near retail, commercial and residential areas. The stylists are highly educated and professional. The atmosphere of the salon is attractive and appeals to the clientele. The salon has a solid book of business and a marketing database. The salon is well-known and is highly regarded with multiple 4-5-star ratings on Google and Yelp.
- Located in top growing region with an established base of clients
- Excellent Google & Yelp Ratings
- Recession Proof Business
- Expandable business by adding additional services
- Affordable rent in high traffic area near retail and neighborhoods
- Hard-working staff assists with management responsibilities
Financing: Available Third Party, Seller will consider seller financing on case by case basis.
Interested parties must contact Meridian Business Advisors LLC. Heather Valeri at 843-800-2148 or email at firstname.lastname@example.org for more information or to schedule a tour.
About the Business
Charleston, South Carolina
Number of Employees:
Building Sq. Ft.:
$1,450.00 Per Month
The attractive salon operates from leased premises. It is located in a high-traffic location surrounded by retail shopping, restaurants, and residential neighborhoods. The salon consists of: - Main salon area - 2 Private small rooms for individual services: waxing, skin care, nails, etc. - Parking lot
Located in top growing region in the state of South Carolina. Salon has solid book of business with repeat clients and the opportunity to market to attract new clients.
Growth & Expansion:
Opportunity for Growth There is potential to increase income by adding additional stylists and/or services. There are two rooms that could be utilized for esthetician services, waxing and brows, nail services, etc. New owner could also advertise services for bridal parties.
Training Provided The owner is moving out of state but is willing to train for two weeks after the close of escrow. Transition plan will be provided. There is well-trained PT staff that will stay on board.
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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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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