Asking Price: $499,000 Gross Revenue: $519,009Cash Flow: $190,480 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $25,000 not included in asking priceFF&E: $36,920 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.
A mid-sized salon business with a large client base is for sale. This business has been in operation since 2009 and successful since day one! The owner has kept up with the industry through remodeling and stocking new products to remain competitive. The business has grown every year in revenue and profits. The salon has also been honored with many awards including the A-list Denver's Top 15 and multiple North American Hairstyling Awards. The location is in a growing neighborhood and has little competition as the only upscale salon.
Don't miss this opportunity to get over $190,000 in cash flow for $74,800 down!
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or stake in the sale of this business and has not verified any of the information
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