Background
| BizEx ID: | BizEx1396-AK |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Beauty Supplies Beauty & Barber Shops |
| Years in Business: | 76 |
| Under Present Owner: | 44 |
| Hours of Operation: | mon.-sat. 9-5 |
| Owner Hours: | TBD |
| Training: | 3 weeks @ 20 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 5/2027 |
| Lease Options: | TBD |
| Building Size: | 2,500 sq ft |
| Employees: | 5 |
| Reason for Sale: | Other Business Interests |
Financials
| Asking Price: | $415,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $1,234,415 |
| Discretionary Cash Flow: | $142,553 |
| FF&E: | $30,000 |
| Inventory Included? | Yes |
| Inventory: | $250,000 |
| Min. Operating Capital: | $50,000 |
| Real Estate Available? | No |
| Rent: | $4,050 |
| Payroll: | $7,823 |
| Financing: | SBA |
| 2021 | |
|---|---|
| Gross Sales | $ 1,234,415 |
| Gross Profit | $ 622,114 |
| Disc. Earnings | $ 142,553 |
Description
Best of both worlds-Amazon and Retail.
Full service beauty center offering a complete beauty experience.
Customers buy marquee luxury beauty brands online or in store.
Excellent books and records will confirm revenue and profit.
75 years of success on a major business street in Los Angeles.
Excellent foot and vehicle traffic.
Additional income from in store salon.
New owner may work full time or be semi-absentee.
Interested parties please go to www.bizex.net and register as a buyer then call Arthur Kessler at 310 650-7900 for details.
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.
