| Listing No: BBF-41105983 | *Presentation/Report Available* |
| Category | : | Beauty/Personal Care | SIC | : | 7231 | |
| Detail | : | Hair Salon | Price | : | 130,000 | |
| County | : | Seminole | Down | : | 80,000 | |
| State/Prov | : | Florida | Adj Net | : | 51,873 | |
| Country | : | USA | Sales | : | 444,061 |
| Known for being Experts in color. Well and long established Beauty Salon with 10 stylist on a commission scale. Excellent rent for this size salon that is very modern and updated within the last 5 years. Located in a very affluent area Seller will finance to Qualified Buyer. Carries approximately $9,000.00 in inventory of products you will not find in most salons. Very busy and well known salon. Seller will stay for 2 weeks at no cost and will assist longer if needed. Will Discount for all cash. |
| Reason for Sale | : | Retirement |
| General Location | : | CONFIDENTIAL |
| Organization Type | : | Corp 'C' Hours Owner Works: 40 |
| Years Established | : | 20 Years Owned: 20 Emp FT: 12 Emp PT: 1 Mgrs: 0 |
| Non Compete | : | Miles: 10 Years: 3 Weeks Training: 2 Cost: 0 |
| Operating dys/hrs | : | Tues, Wed, Thurs 9A-9P Fri and Sat 9A-5PClosed Sun and Mon |
| Skills/Licenses | : | DBPR for Cosmotology, city and county occupational |
| Business is | : | Relocatable: N Home Based: N Franchise: N Lender P/Q: N |
| Data Source | Tax Return | Tax Return | ||
| Year (Cash Flow) | 2009 (Y) | 2008 (Y) | (N) | |
| Gross Revenue | 444,061 | 476,734 | 0 | |
| Cost of Goods | 67,532 | 75,853 | 0 | |
| Gross Profit | 376,529 | 400,881 | 0 | |
| Expenses | 381,199 | 397,162 | 0 | |
| Net | -4,670 | 3,719 | 0 | |
| Owner Salary | 48,375 | 48,375 | 0 | |
| Benefits | 8,168 | 8,400 | 0 | |
| Interest Expense | 0 | 0 | 0 | |
| Depreciation | 0 | 0 | 0 | |
| Other | 0 | 0 | 0 | |
| Owner Benefit | 51,873 | 60,494 | 0 |
| Accounts Rec | 0 | * | Real Estate | 0 | N* |
| Inventory | 8,500 | Y* | ___________ | 0 | N* |
| F F & E | 45,000 | Y* | Total Assets | 82,116 | Y* |
| Leasehold | 28,616 | Y* | *Included? |
| Lease/Month: 2064.21 | Square Footage: 1832 | Building Type: Plaza |
| Terms & Options: New Lease | Expiration Date: 12/31/2010 |
| Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Seller | - Amt: | 75,000 Mos: | 36 Rate: | 7.00 Mo Pmt: | 2,315.78 | |
| Loan/Other | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 |
| SHEREE KILIAN | Office | : | (407) 869-6446 x101 | |
| ASSOCIATE | Fax | : | (407) 869-4790 | |
| GOLDCREST COMMERCIAL BUS CONSULTS INC. | Cell | : | (321) 279-7355 |
| 307 CRANES ROOST BLVD., STE 1048 | ||||
| ALTAMONTE SPRINGS, FLORIDA 32701 | : | sheree@orlandobizbroker.com | ||
| USA | Home Page | : | www.orlandobizbroker.com |
| The seller provides all data and financial information on this business for informational purposes only. The broker does not warrant the above information and advises the buyer to seek professional advice when purchasing a business. This offering by the seller is subject to change or withdrawal without notice. This information sheet has been prepared on a confidential basis exclusively for: |
| WORDPRESS | BBF-411015 |
