The owner is wanting to sell but would like to stay on board as a stylist. They know their limitations with managing the books and finances, but are phenomenal at growing stylists, training, and instilling creativity.
This could be a great situation for either an active owner involved in management and replacing front desk staff, or for a buyer who is a stylist and can do the books on the side.
The seller is willing to owner finance a significant portion down, and is willing to stay on board for at least 3 years as a stylist. They are very flexible to multiple options, but are committed to making sure a buyer is successful!
About the Business
Number of Employees:
Building Sq. Ft.:
Buildout is very clean and bright with great colors and boutique like. There is room from adding 2 more chairs and additional retail.
Growth & Expansion:
There is room for an additional 2 chairs, along with 4 more stylists if booth sharing.
Would like to go to back to being a stylist full time.
Seller is willing to train as much as necessary, and willing to stay on at minimum 3 years as a stylist, which would including supporting and training a new owner as needed.
Ad Detail Views:
Asking Price: $150,000 Gross Revenue: $360,000Cash Flow: $80,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: 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.
The information on this listing has been provided by either
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
full Terms & Conditions.