Beauty Supply Store, High Income Beach Area 25 yrs

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Asking Price:
$369,000

Gross Revenue:
$1,000,000
Cash Flow:
$225,000
EBITDA:
$225,000
Inventory:
$300,000
not included in asking price

FF&E:
$40,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

A well established Beauty Supply retail store with almost 70% of it's sales revenue from their on-line presence, including accounts with Amazon and Walmart. For 25 years this company has been located in a very high-income, beach community in a premium shopping center with CVS and Vons as anchors.

They have developed a dedicated customer base, which includes numerous beauty, hair and skin care industry professionals. There are also stations for a hair stylist, skin care professional, or a masseuse in the store.

Good Growth Opportunities - the current owner does very little advertising and still generates over a $1,000,000 in annual revenue. A new owner could substantially increase revenues by doing increased marketing for both walk-in and on-line sales. Expanding the Inventory and adding new product lines would also greatly increase income.

This is an Asset Sale which will include all FF&E; buyer to reimburse seller for Inventory, at cost. Owner will offer a reasonable training at COE.

For more information, please complete the "Buyer Registration" including a Non-Disclosure Agreement on-line at www.bizex.net. Eric Mellem, Business Broker and M & A Advisor, (310) 293-6414, emellem@bizex.net

About the Business

Year Established:
1993
Number of Employees:
2
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will train

Listing Info

ID:
1577855
Ad Detail Views:
0

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U.S. Census Data for Los Angeles County, CA
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Los Angeles County, CA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.
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