Business for Sale

Westside Spa, Wax, Hair & Beauty Salon Powerhouse!

BizEx484-CG

Background

General Location:West Los angeles, CA
Category: Beauty & Barber Shops
Years in Business:32
Under Present Owner:32
Hours of Operation:M-Sat 10-7. Sun 11-4pm
Owner Hours:Same
Training:4 weeks @ 20 hours
Organization Type:
Lease Expiration:01/01/15
Lease Options:1x 3year
Building Size:4600
Employees:5
Reason for Sale:Semi-Retirement

Financials

Asking Price:$399,500
Down Payment:Negotiable
Gross Sales:$400,000
Discretionary Cash Flow:$125,000
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$4,135
Financing:Call

2011 2010 2009
Gross Sales $ 405,000 $ 396,000 $ 415,000
Gross Profit $ 347,500 $ 345,000 $ 359,000
Disc. Earnings $ 125,000 $ 96,000 $ 125,000

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Charles Graziani
M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 131
Direct: (312) 404-4771
Lic#: 01906842