Tinsel Town Beauty Supply

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This listing is: Closed

Background

BizEx ID:BizEx1216-AK
General Location:Hollywood, CA
Category: Beauty & Barber Shops
Beauty Supplies
Years in Business:29
Under Present Owner:3
Hours of Operation:mon-sat 10am-7pm; sun 11am-5pm
Owner Hours:varied
Training:3 weeks @ 20 hours
Organization Type:C-Corp
Lease Expiration:12/2020
Lease Options:
Building Size:2699sf
Employees:6
Reason for Sale:Other Business Interest

Financials

Asking Price:$325,000
Down Payment:Negotiable
Gross Sales:$1,439,128
Discretionary Cash Flow:$168,067
FF&E:$14,000
Inventory Included?No
Inventory:$100,000
Min. Operating Capital:$25,000
Real Estate Available?No
Rent:$8,600
Payroll:$8,894
Financing:SBA

2017 2016 2018
Gross Sales $ 1,439,128 $ 1,095,400 $ 1,362,213
Gross Profit $ 669,294 $ 516,206 $ 607,484
Disc. Earnings $ 180,414 $ 127,174 $ 156,097

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations