This listing is: Off Market
Background
| BizEx ID: | BizEx484-CG |
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| General Location: | West Los angeles, CA |
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| Category: |
Beauty & Barber Shops
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| Years in Business: | 32 |
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| Under Present Owner: | 32 |
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| Hours of Operation: | M-Sat 10-7. Sun 11-4pm |
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| Owner Hours: | Same |
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| Training: | 4 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 01/01/15 |
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| Lease Options: | 1x 3year |
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| Building Size: | 4600 |
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| Employees: | 5 |
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| Reason for Sale: | Semi-Retirement |
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Financials
| Asking Price: | $399,500 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $400,000 |
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| Discretionary Cash Flow: | $125,000 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $4,135 |
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| Financing: | Call |
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|
2011 | 2010 | 2009 |
| Gross Sales |
$ 405,000 | $ 396,000 | $ 415,000 |
| Gross Profit |
$ 347,500 | $ 345,000 | $ 359,000 |
| Disc. Earnings |
$ 125,000 | $ 96,000 | $ 125,000 |
