Ultimate Beauty Supply Established LA Business
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Background
| BizEx ID: | BizEx1396-AK |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Beauty Supplies Beauty & Barber Shops |
| Years in Business: | 76 |
| Under Present Owner: | 44 |
| Hours of Operation: | mon.-sat. 9-5 |
| Owner Hours: | TBD |
| Training: | 3 weeks @ 20 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 5/2027 |
| Lease Options: | TBD |
| Building Size: | 2,500 sq ft |
| Employees: | 5 |
| Reason for Sale: | Other Business Interests |
Financials
| Asking Price: | $415,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $1,234,415 |
| Discretionary Cash Flow: | $142,553 |
| FF&E: | $30,000 |
| Inventory Included? | Yes |
| Inventory: | $250,000 |
| Min. Operating Capital: | $50,000 |
| Real Estate Available? | No |
| Rent: | $4,050 |
| Payroll: | $7,823 |
| Financing: | SBA |
| 2021 | |
|---|---|
| Gross Sales | $ 1,234,415 |
| Gross Profit | $ 622,114 |
| Disc. Earnings | $ 142,553 |
