Price: $50,000
Location: Los Angeles County, CA
Industry: Hair Salons and Barber Shops
Listing ID: 01985491 WL
Listing Status: New
Operating successfully for the past 45 years, this well-known barber shop is situated in an excellent location in LA's Korea Town.
The shop is fully equipped with four chairs and shampoo stations, and it holds a cosmetologist license for perms and coloring services.
Due to a serious health issue, the seller needs to make a quick asset sale urgently.
This prime location offers great potential for a buyer with the appropriate license. Don’t miss this fantastic opportunity!
AS-IS, ASSET SALE!
Down Payment: $50,000
Total Sales: $180,000
Cash Flow: $70,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $40,000
FFE Included: Yes
Inventory: $10,000
Inventory Included: Yes
Year Established: 1979
Days & Hours of Operation: 6 Days, 8;30AM-7PM, Sunday Closed
Owner Hours Per Week: Full Time
Non-Owner Payroll: N/A
Employees: 1
Absentee Owner: No
Real Estate: N/A
Monthly Rent: $2,000
Type of Location: Strip Center
Square Footage: 650
Relocatable: No
Reason For Sale: Retire For Health Issue
Training & Support: 1 week