Asking Price: $199,000 Gross Revenue: $600,000Cash Flow: $120,000EBITDA: $120,000Inventory: $5,000 included in asking priceFF&E: Not Disclosed 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.
Highly visible from busy 18th St corridor. Corner location just blocks away from Washington Hilton. Established over 20 years. Good business with high growth potential with the right owner. Great neighborhood with lots of restaurants, condos, apartments and foot traffic. Most equipment/furniture are newer. Owner just replace all the pedicure chairs. Will sell fast!! Don’t miss this opportunity!!!
About the Business
Number of Employees:
Building Sq. Ft.:
$43.00 Per Month
2,800 square feet in highly visible location with good signage. Corner lot. Heavy car and foot traffic. Aside from the main area for manicure/pedicure services, there are 5 additional rooms-2 for waxing/facial, 2 for massage, 1 for office or storage. In addition, there is a small area for kitchenette, eating space for employees. Separate toilet for employee and customer (2 in all).
Very established with high growth potential for the right buyer. Most competitors have smaller spaces and/or located in basement or upper levels. This salon occupies 2 normal spaces so customers do not have to use stairs.
Growth & Expansion:
There are definitely space to grow. Either hiring more nail techs, promote the massage business or add additional services such as skin care, eyelash extension, etc.
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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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