Asking Price: $475,000 Gross Revenue: $900,000Cash Flow: $250,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $250,000 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.
This salon is ideal for an experienced stylist that wants to own a brand and expand on it or an investor familiar with beauty salons could step into a generous six figure income This profitable hair salon has everything a buyer could want: a very visible Queens location in a high traffic neighborhood, efficient floor plan with 19 chairs, four shampoo stations and a well-trained staff of experienced stylists, a solid reputation and an owner who is motivated to sell quickly. The owner works three days a week. The owner and staff have been satisfying very particular neighborhood residents with professional and quick service. Services include shampoo, haircut, blow dry, coloring, highlights, wig styling, perms, spa treatments and extensions. It has been the same ownership and location for over 11 years. Well known in the neighborhood and recommended by residents. The business has a great below market lease. The Business can be improved by harnessing new technology and applications to enhance the customer experience. A new owner can focus on fresh marketing strategies that will expand the customer base. The new owner can expect to be making a profit quickly because of the excellent, up-scale condition and full range of services and products sold at this business. Please refer to listing #13143 when inquiring about this listing.
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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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