Asking Price: $115,000 Gross Revenue: $160,000Cash Flow: $40,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $10,000 included in asking priceReal Estate: Not Disclosed Share 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.
Prime location turn-key beauty salon with fully equipped facility in North Dallas is available for acquisition. This business was originally established over half a decade ago in 2011 by the current owner of the business. Most of the customers are upper-class women with large amounts of disposable income that reside in the nearby densely populated residential neighborhoods as well as traffic from the large sports center. Net sales average was $155,000/year that has been consistent throughout the last several years of operation without much marketing other than social media outlets. Although marketing is in place online, other sources of proactive marketing methods needs to be fully utilized for this business to generate more cash flow and acquire new customers from untapped areas within the city. Competition is expected for this business industry, but only indirect competitors is within the immediate market area that is mainly non-surgical clinics that is far different from this fully equipped beauty salon that provides services at reasonable price points as well as having a long established customer base. There are many ways to proactively market this business such as direct mailing, door hangers, weekly specials, promotional services and hiring additional staff for more man power to increase turnover rate. Placing additional staff will be extremely beneficial for this business to consistently bring a stream of customers and increase cash flow for the business to either expand or grow in services. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.
Listing ID #000719
For more info, please call Stephen Lee at 1-866-519-2421.
About the Business
Number of Employees:
This business is located in a 1,490 SF retail strip center that is optimally placed in a high-end area full of retail businesses that consistently bring heavy traffic to the business location.
There are few indirect competitors within the immediate market area, but this business has been long established and provides a price point that is affordable as well as competitive.
Growth & Expansion:
Some marketing is done online and through social media outlets, but other proactive marketing efforts is needed for this business is consistently grown in sales.
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