Asking Price: $35,000 Gross Revenue: $101,464Cash Flow: $20,714 (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.
The beauty salon resides in a space which is 1,550 square feet with a triple net lease of $3,100 per month (all-in). There are 10 booths of which 6 are currently used. The stylists are mostly booth rent independent contractors at $160 per week. The business has been very steady for these many years with very little turnover. Most of gross sales are service with about 8% product sales.
This salon would be a great opportunity for someone in industry with a well-established client base, who wants to have their own business in the Littleton area. The opportunity presents itself as turnkey for this type of buyer.
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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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