Thriving LA Beauty Supply Business - 30+ Years
Home / Listing / Thriving LA Beauty Supply Business - 30+ Years
This listing is: Off Market
Background
| BizEx ID: | BizEx1223-EM |
|---|---|
| General Location: | South Bay, CA |
| Category: |
Retail Beauty Supplies |
| Years in Business: | 27 |
| Under Present Owner: | 27 |
| Hours of Operation: | 9:00 - 5:00 |
| Owner Hours: | Varies |
| Training: | 4 weeks @ 30 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 2024 |
| Lease Options: | |
| Building Size: | 1,280 |
| Employees: | 2 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $595,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $1,300,000 |
| Discretionary Cash Flow: | $350,000 |
| FF&E: | $40,000 |
| Inventory Included? | Yes |
| Inventory: | $300,000 - Reimburse Seller |
| Min. Operating Capital: | TBD |
| Real Estate Available? | No |
| Rent: | $6,500 |
| Payroll: | $2 |
| Financing: | SBA |
| 2020 | |
|---|---|
| Gross Sales | $ 1,300,000 |
| Gross Profit | $ |
| Disc. Earnings | $ 350,000 |
