Valley's Best Beauty Salon

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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




Kendric Foultz
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005

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