Tanning Salon, Prime LA Location, Modern, Upscale
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Background
| BizEx ID: | BizEx1186-EM |
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| General Location: | Glendale, CA |
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| Category: |
Beauty & Barber Shops
Tanning Salons
|
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| Years in Business: | 5 |
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| Under Present Owner: | 5 |
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| Hours of Operation: | Varies |
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| Owner Hours: | Varies |
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| Training: | 2 weeks @ 30 hours |
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| Organization Type: | LLC |
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| Lease Expiration: | 2021 |
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| Lease Options: | 5 Year after 2021 |
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| Building Size: | 1,100 |
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| Employees: | 3 |
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| Reason for Sale: | Personal Situation |
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Financials
| Asking Price: | $82,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $120,000 |
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| Discretionary Cash Flow: | $50,000 |
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| FF&E: | $15,000 |
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| Inventory Included? | Yes |
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| Inventory: | $3,000 |
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| Min. Operating Capital: | $10,000 |
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| Real Estate Available? | No |
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| Rent: | $2,600 |
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| Financing: | Buyer |
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|
2017 | 2016 |
| Gross Sales |
$ 125,000 | $ 125,000 |
| Gross Profit |
$ | $ |
| Disc. Earnings |
$ 50,000 | $ 50,000 |
Eric Mellem
Business Broker/ M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802
Don Mellem
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 155
Direct: 310-882-2200 x155
Lic#: 01845922
Alex Estrin
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 158
Direct: (310) 882-2200 ext 158
Lic#: 01919847
OFF MARKET
