Tanning Salon, Prime LA Location, Modern, Upscale
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This listing is: Off Market
Background
| BizEx ID: | BizEx1186-EM |
|---|---|
| General Location: | Glendale, CA |
| Category: |
Beauty & Barber Shops Tanning Salons |
| Years in Business: | 5 |
| Under Present Owner: | 5 |
| Hours of Operation: | Varies |
| Owner Hours: | Varies |
| Training: | 2 weeks @ 30 hours |
| Organization Type: | LLC |
| Lease Expiration: | 2021 |
| Lease Options: | 5 Year after 2021 |
| Building Size: | 1,100 |
| Employees: | 3 |
| Reason for Sale: | Personal Situation |
Financials
| Asking Price: | $82,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $120,000 |
| Discretionary Cash Flow: | $50,000 |
| FF&E: | $15,000 |
| Inventory Included? | Yes |
| Inventory: | $3,000 |
| Min. Operating Capital: | $10,000 |
| Real Estate Available? | No |
| Rent: | $2,600 |
| Financing: | Buyer |
| 2017 | 2016 | |
|---|---|---|
| Gross Sales | $ 125,000 | $ 125,000 |
| Gross Profit | $ | $ |
| Disc. Earnings | $ 50,000 | $ 50,000 |
