Valley's Best Beauty Salon
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Background
| BizEx ID: | BizEx751-KF |
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| General Location: | Chatsworth, CA |
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| Category: |
Beauty & Barber Shops
Other Personal Services
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| Years in Business: | 20 |
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| Under Present Owner: | 6 |
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| Hours of Operation: | Tues-Fri 8:30-6:00 Sat 8:00-4:00 |
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| Owner Hours: | Full time/flex |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 10/15/15 |
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| Lease Options: | 1@5years |
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| Building Size: | 1,120 |
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| Employees: | 7 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $150,000 |
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| Down Payment: | $150,000 |
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| Gross Sales: | $300,000 |
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| Discretionary Cash Flow: | $80,000 |
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| FF&E: | $7,500 |
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| Inventory Included? | |
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| Inventory: | $7,500 |
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| Min. Operating Capital: | $10,000 |
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| Real Estate Available? | No |
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| Rent: | $4,200 |
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| Payroll: | $11 |
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| Financing: | Call |
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|
2013 |
| Gross Sales |
$ 300,000 |
| Gross Profit |
$ 115,000 |
| Disc. Earnings |
$ 80,000 |
Kendric Foultz
Business Broker / M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005
