Business for Sale

Beauty Supplies at a Bargain Price

BizEx779-AK

Background

General Location:Los Angeles, CA
Category: Beauty & Barber Shops
Beauty Supplies
Years in Business:55
Under Present Owner:35
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:
Lease Expiration:new lease
Lease Options:
Building Size:1,300
Employees:4
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?
Inventory:$170,000
Min. Operating Capital:$20,000
Real Estate Available?No
Rent:$9,000
Payroll:$2,000
Financing:Call

2014 2013 2012
Gross Sales $ 448,708 $ 457,200 $ 515,000
Gross Profit $ 211,890 $ 233,172 $ 262,650
Disc. Earnings $ 148,692 $ 124,615 $ 155,589

Description

STEAL THIS BUSINESS

Priced to sell. All told this is the best retail purchase in Los Angeles. offered at a ONE multiple.

This 50 year successful, established beauty supply business is in one of the best upscale retail locations in Greater Los Angeles.

Family owned and operated with the latest selection of European hair, skin and bath products at reasonable prices.

Customers love the large selection of cosmetics, bath and body products some of which can not be found in many shops.

Business has a small salon in the rear that may be rented to increase income and bring in new customers. One chair is been rented and this adds almost $10,000 to the net income. Two other chairs may be rented.

Esthetician room is available and when rented it will bring in additional revenue and new customers.

The Owner wishes to retire and has done no marketing.

An excellent full time manager is available for investors seeking a semi-absentee business.

Add a website and an online store to create revenue from the expanding Internet market.

There is also a lucrative wholesale component of the business.

If you are a hands on owner and actively market this business you will be very happy.

Interested parties please register at www.bizex.net then call Arthur Kessler at 310 882-2200 x126.


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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.

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