Blow Dry Bar Full Service Hair Salon

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Background

BizEx ID:BizEx861-PS
General Location:Torrance, CA
Category: Beauty & Barber Shops
Consumer Services (B2C)
Years in Business:1
Under Present Owner:1
Hours of Operation:Tuesday-Sunday 9-7
Owner Hours:Thursday-Saturday
Training:4 weeks @ 40 hours
Organization Type:
Lease Expiration:2021
Lease Options:Open
Building Size:900
Employees:10
Reason for Sale:Seller is retiring

Financials

Asking Price:$149,000
Down Payment:Negotiable
Gross Sales:$426,860
Discretionary Cash Flow:$132,290
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$3,000
Financing:Call

9/14-12/14 01/15-12/15
Gross Sales $ 118,906 $ 426,860
Gross Profit $ 134,746 $
Disc. Earnings $ 40,817 $ 132,290




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

OFF MARKET

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