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