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Beauty Supplies at a Bargain Price

BizEx779-AK

Background

General Location:Los Angeles, CA
Category: Beauty & Barber Shops
Beauty Supplies
Years in Business:56
Under Present Owner:36
Hours of Operation:m-sat 9-7 sun 10-6
Owner Hours:m-sat 9-7 sun 10-6
Training:4 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:new lease
Lease Options:one 5 year
Building Size:1,300
Employees:3
Reason for Sale:retirement

Financials

Asking Price:$124,000
Down Payment:Negotiable
Gross Sales:$922,436
Discretionary Cash Flow:$125,892
FF&E:$15,000
Inventory Included?No
Inventory:$150,000
Min. Operating Capital:$20,000
Real Estate Available?No
Rent:$9,000
Payroll:$9,000
Financing:Call

2014 2015 2016
Gross Sales $ 448,708 $ 438,797 $ 416,889
Gross Profit $ 211,890 $ 212,162 $ 201,482
Disc. Earnings $ 148,692 $ 162,757 $ 150,557

Return to Listings





Arthur B. Kessler
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004