Tanning Salon, Prime LA Location, Modern, Upscale
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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 |
Eric Mellem
Business Broker/ M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802
Don Mellem
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 155
Direct: 310-882-2200 x155
Lic#: 01845922
Alex Estrin
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 158
Direct: (310) 882-2200 ext 158
Lic#: 01919847
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