Franchise Salon in Santa Monica
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Background
| BizEx ID: | BizEx835-PS |
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| General Location: | Santa Monica, CA |
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| Category: |
Beauty & Barber Shops
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| Years in Business: | 7 |
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| Under Present Owner: | 7 |
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| Hours of Operation: | Monday-Sunday 9-7 |
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| Owner Hours: | 9-7 |
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| Training: | 3 weeks @ 40 hours |
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| Organization Type: | |
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| Lease Expiration: | |
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| Lease Options: | Lease is assumable |
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| Building Size: | 1,300 |
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| Employees: | 7 |
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| Reason for Sale: | The seller is retiring |
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Financials
| Asking Price: | $159,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $267,405 |
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| Discretionary Cash Flow: | $77,729 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $4,360 |
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| Financing: | Call |
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|
2014 | 2013 |
| Gross Sales |
$ 267,405 | $ 220,857 |
| Gross Profit |
$ 77,729 | $ 58,207 |
| Disc. Earnings |
$ | $ |
Pieper Stewart
Business Broker
4551 Glencoe Ave., Suite 210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 136
Direct: (310) 466-4284
Lic#: 01037502
OFF MARKET
