BizEx185-SG: Beauty Salon and Hairdresser Westside with Exclusive Clientele

Background:

General Location:Brentwood, Ca
Category:Services > Beauty & Barber Shops
Years in Business:25
Under Present Owner:9
Hours of Operation:Tues.-Sat. 9:00am-6:00pm or later if required
Owner Hours:Same
Training:As Needed
Organization Type:C Corp
Lease Expiration:9/2012
Lease Options:
Building Size:1000sqft
Employees:0 FT; 0 PT

Reason for Sale:
Time with growing family

Financials

Asking Price:$94,000
Down Payment:Negotiable
Gross Sales:$220,000
Discretionary Cash Flow:Call
FF&E:$50,000
Inventory Included?yes
Inventory:$ 3-4000
Minimum Operating Capital:$ 25,000
Real Estate Available?No
Real Estate Asking Price:$ 0
Rent:$ 6,832/month
Payroll:$ 0/month
Financing:Call

Gross Sales
Gross Profit
Disc. Earnings

* YTD as of , ** = Prorated.

Broker Info


Stuart Gross
Business Broker
(310) 882-2200 ext 118
LIC# 01860825

Summary

This business for sale is a high end hair dressing salon in an intimate enclave in the exclusive neighborhood of Brentwood, California. There are ten stations of which six are rented and the owner handles a large clientele. The shop has a small retail hair product offering. The potential for a new owner is to grow the salon to capacity, expand the product offerings and build his own large higher priced clientele. This hair salon has been under the same ownership for nine years and has been in existence for 25years. The owner bought this Salon because he saw the potential of building a $200,000 clientele of his own, and he did just that. This valuation assumes an owner who is working full time as a hairdresser. Interested parties should register as a buyer online at www.BizEx.net and call Stuart Gross at 310-882-2200 ext 118 for more details on this exciting opportunity.


More Details

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DISCLAIMER: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.