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