Salon, Santa Monica

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Background

BizEx ID:BizEx255-DM
General Location:Santa Monica, CA
Category: Beauty & Barber Shops
Other Personal Services
Years in Business:5
Under Present Owner:5
Hours of Operation:Tues-Sat. 10-7
Owner Hours:varies
Training:None
Organization Type:
Lease Expiration:2014
Lease Options:3 year option
Building Size:985
Employees:0
Reason for Sale:seller is pursuing other opportunities

Financials

Asking Price:$100,000
Down Payment:Negotiable
Gross Sales:$173,388
Discretionary Cash Flow:$132,041
FF&E:$40,000
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$1,800
Financing:Call

2009 2008 2007
Gross Sales $ 173,388 $ 195,532 $ 204,289
Gross Profit $ $ $
Disc. Earnings $ 132,041 $ 151,475 $ 112,267




Dan Munter
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 121
Direct: (310) 722-1138
Lic#: 01871136

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