Tinsel Town Beauty Supply
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This listing is: Closed
Background
| BizEx ID: | BizEx1216-AK |
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| General Location: | Hollywood, CA |
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| Category: |
Beauty & Barber Shops
Beauty Supplies
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| Years in Business: | 29 |
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| Under Present Owner: | 3 |
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| Hours of Operation: | mon-sat 10am-7pm; sun 11am-5pm |
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| Owner Hours: | varied |
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| Training: | 3 weeks @ 20 hours |
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| Organization Type: | C-Corp |
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| Lease Expiration: | 12/2020 |
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| Lease Options: | |
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| Building Size: | 2699sf |
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| Employees: | 6 |
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| Reason for Sale: | Other Business Interest |
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Financials
| Asking Price: | $325,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $1,439,128 |
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| Discretionary Cash Flow: | $168,067 |
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| FF&E: | $14,000 |
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| Inventory Included? | No |
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| Inventory: | $100,000 |
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| Min. Operating Capital: | $25,000 |
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| Real Estate Available? | No |
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| Rent: | $8,600 |
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| Payroll: | $8,894 |
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| Financing: | SBA |
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|
2017 | 2016 | 2018 |
| Gross Sales |
$ 1,439,128 | $ 1,095,400 | $ 1,362,213 |
| Gross Profit |
$ 669,294 | $ 516,206 | $ 607,484 |
| Disc. Earnings |
$ 180,414 | $ 127,174 | $ 156,097 |
