Asking Price: $320,000 Gross Revenue: $181,000Cash Flow: $65,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&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.
This Business is an Award-winning beauty and spa services provider based in Minneapolis/St. Paul with a recent, national expansion. They provide hair, makeup, and spa services on location to their clients, primarily, but limited to wedding parties and other group events. The business model utilizes a low overhead structure with most of the costs variable on the number of events. The specialized stylists and service providers are paid a percentage of revenue from the events, supply their own products, and carry their own inventory. Among the advantage the stylists enjoy are a backlog of events, selective booking, back office support, and the Company’s market presence. The seller does not perform any of the services. Most of the wellers duties are home based.
About the Business
Number of Employees:
$150.00 Per Month
The Company leases a cooperative office space and the seller works from home.
Word of mouth and many awards differentiates this business from competition.
Growth & Expansion:
There are many opportunities for growth, including recruitment of additional stylists and entering new markets. There is currently a high demand for services to support aggressive growth.
The information on this listing has been provided by either
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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