Valley's Best Beauty Salon in Chatsworth, CA
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Background
| BizEx ID: | BizEx751-KF |
|---|---|
| General Location: | Chatsworth, CA |
| Category: |
Beauty & Barber Shops Other Personal Services |
| Years in Business: | 20 |
| Under Present Owner: | 6 |
| Hours of Operation: | Tues-Fri 8:30-6:00 Sat 8:00-4:00 |
| Owner Hours: | Full time/flex |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | 10/15/15 |
| Lease Options: | 1@5years |
| Building Size: | 1,120 |
| Employees: | 7 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $150,000 |
|---|---|
| Down Payment: | $150,000 |
| Gross Sales: | $300,000 |
| Discretionary Cash Flow: | $80,000 |
| FF&E: | $7,500 |
| Inventory Included? | |
| Inventory: | $7,500 |
| Min. Operating Capital: | $10,000 |
| Real Estate Available? | No |
| Rent: | $4,200 |
| Payroll: | $11 |
| Financing: | Call |
| 2013 | |
|---|---|
| Gross Sales | $ 300,000 |
| Gross Profit | $ 115,000 |
| Disc. Earnings | $ 80,000 |
