Westside Spa, Wax, Hair & Beauty Salon Powerhouse!

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Background

BizEx ID:BizEx484-CG
General Location:West Los angeles, CA
Category: Beauty & Barber Shops
Years in Business:32
Under Present Owner:32
Hours of Operation:M-Sat 10-7. Sun 11-4pm
Owner Hours:Same
Training:4 weeks @ 20 hours
Organization Type:
Lease Expiration:01/01/15
Lease Options:1x 3year
Building Size:4600
Employees:5
Reason for Sale:Semi-Retirement

Financials

Asking Price:$399,500
Down Payment:Negotiable
Gross Sales:$400,000
Discretionary Cash Flow:$125,000
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$4,135
Financing:Call

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




Charles Graziani
M&A Advisor/ Staffing Group
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 131
Direct: (312) 404-4771
Lic#: 01906842

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