Business for Sale

THE Hair & Nail Salon

BizEx977-AK

Background

General Location:Glendale, CA
Category: Beauty & Barber Shops
Beauty Supplies
Years in Business:1
Under Present Owner:1
Hours of Operation:9am-9pm 7 days
Owner Hours:part time manager
Training:3 weeks @ 20 hours
Organization Type:C corp
Lease Expiration:
Lease Options:one 5 yr
Building Size:
Employees:14
Reason for Sale:Other Business Interests

Financials

Asking Price:$195,000
Down Payment:Negotiable
Gross Sales:$330,000
Discretionary Cash Flow:$130,000
FF&E:$250,000
Inventory Included?
Inventory:$15,000
Min. Operating Capital:
Real Estate Available?No
Rent:
Payroll:$40
Financing:Seller

Description

Fabulous opportunity to own this beautiful, growing Hair & Nail Salon.

Great Location.

Full service hair and nail salon. Color, trim, highlights, perms, updos and straightening are all available.

Owner manages but does not do hair or nails.

Multiple parking is offered at this convenient location.

Shop is next to world famous businesses that attract a great deal of foot traffic.


Interested parties please register at www.bizex.net then contact 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