A beautiful Salon which is operated strictly with Booth Renters. This would be an excellent opportunity for someone looking to Manage/Own a Salon/Spa without Experience in the Industry. No need to be a Stylist, but that would work also. Plenty of room available for at least 4 additional Renters to grow the revenues. Don't miss this outstanding business opportunity.
About the Business
Number of Employees:
Building Sq. Ft.:
$16.00 Per Month
3,000 Square Feet, with Total Current Monthly Rent of $4,000, and a New Lease will be Negotiated.
Standard Salon Competition in the Area.
Growth & Expansion:
Bringing in more Booth Renters, along with expanding the services offered, and doing more Marketing and Advertising.
Asking Price: $99,000 Gross Revenue: $151,260Cash Flow: $30,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $106,020 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 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
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