Franchise Salon in Santa Monica

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Background

BizEx ID:BizEx835-PS
General Location:Santa Monica, CA
Category: Beauty & Barber Shops
Years in Business:7
Under Present Owner:7
Hours of Operation:Monday-Sunday 9-7
Owner Hours:9-7
Training:3 weeks @ 40 hours
Organization Type:
Lease Expiration:
Lease Options:Lease is assumable
Building Size:1,300
Employees:7
Reason for Sale:The seller is retiring

Financials

Asking Price:$159,000
Down Payment:Negotiable
Gross Sales:$267,405
Discretionary Cash Flow:$77,729
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$4,360
Financing:Call

2014 2013
Gross Sales $ 267,405 $ 220,857
Gross Profit $ 77,729 $ 58,207
Disc. Earnings $ $




Pieper Stewart
Business Broker
4551 Glencoe Ave., Suite 210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 136
Direct: (310) 466-4284
Lic#: 01037502

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