EXPIRED
BizEx264-RD: Beauty & Hair Salon

Background:

General Location:Los Angeles, CA
Category:Retail > Apparel & Accessory Stores
Services > Beauty & Barber Shops
Years in Business:31
Under Present Owner:4
Hours of Operation:M-Sat. Sun by Appt.
Owner Hours:
Training:2 weeks, 20 hours/week
Organization Type:
Lease Expiration:2013
Lease Options:5 year option
Building Size:1,500 sqft
Employees:3 FT; 4 PT

Reason for Sale:
Other Business Ventures & Family committments

Financials

Asking Price:$95,000
Down Payment:Negotiable
Gross Sales:$95,972
Discretionary Cash Flow:Call
FF&E:$ 100,000
Inventory Included?Yes
Inventory:$10-12,000
Minimum Operating Capital:$ 20,000
Real Estate Available?No
Real Estate Asking Price:$ 0
Rent:
Payroll:
Financing:Call

Gross Sales
Gross Profit
Disc. Earnings

* YTD as of , ** = Prorated.

Broker Info


Robert Dean
Business Broker
(310) 882-2200 ext 122
LIC# 01720308

Summary

This Beauty Salon business is located in Prime retail area in West L.A. Wonderful Location, high foot traffic and serving the community for over 30 years! 6 hair stations, 2 shampoo Bowls. The owner recently remodeled the Beauty Salon to include an area for new products and other hair and beauty accessories. The business is under exclusive contract to carry high end Aveda Hair Products (http://www.aveda.com) This is a fantastic opportunity for a new person to come in and expand upon the current foundation of the business.

Seller is very motivated. Would be a great opportunity for someone with management experience and can increase advertising and marketing to bring in new customers. The owner is selling due to family commitments, and planning on moving out of the country.

Any questions, please contact Business Broker Robert Dean at 310-793-6757 or email: rdean@bizex.net

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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.