Profitable Busy Hair Salon, Low Rent

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Background

BizEx ID:BizEx687-SK
General Location:Los Angeles, CA
Category: Beauty & Barber Shops
Years in Business:24
Under Present Owner:3
Hours of Operation:Tues-Fri 10am-6pm, Sat 8am-6pm
Owner Hours:
Training:None
Organization Type:
Lease Expiration:10/1/15
Lease Options:
Building Size:600
Employees:0
Reason for Sale:Relocation

Financials

Asking Price:$80,000
Down Payment:Negotiable
Gross Sales:$126,839
Discretionary Cash Flow:$48,682
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$1,050
Financing:Call

2012 2011 2010
Gross Sales $ 126,839 $ 102,986 $ 52,096
Gross Profit $ $ $
Disc. Earnings $ 48,682 $ 42,851 $ 14,495




Steven Kim
Business Broker
4551 Glencoe Ave., Suite 210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 132
Direct: (310) 227-5402
Lic#: 01765208

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