Asking Price: $45,000 Gross Revenue: $140,835Cash Flow: $51,881 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,000 included in asking priceFF&E: $15,000 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.
Salon Dominicano !!!!; great location on East Colonial with lots of visibility at a busy strip mall close to Downtown area. Rent only at $1,600/month for this 8 working stations, 5 hair dryer stations and 3 shampoo chair stations salon. Owner (at 70% split or $150/week rent) and 2 stylist (at 50% split) will stay and the additional chairs could be rented for $150/week ($35K additional income) which is the going rate in the area. Great opportunity for a hair stylist to start own business or for an investor-administrator to get into an already profitable location with up-side potential.
About the Business
Building Sq. Ft.:
$1,600.00 Per Month
- 8 working stations. - 5 hair dryer stations. - 3 shampoo chair stations. - Lobby desk, and waiting space. - Toilette. Parking area
Salon Dominicano !!!!; great location on East Colonial near Down Town
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