Ultimate Beauty Supply

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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:6
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.

 

 


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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.




Arthur B. Kessler
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004

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