Big Volume Beauty Supply Business for Sale

Asking Price$800,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$2,200,000

Inventory$1
Not included in asking price
FF&ENot Disclosed

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Big Volume Beauty Supply Business for Sale


Asking Price$800,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$2,200,000

Inventory$1
Not included in asking price
FF&ENot Disclosed

Business Description
Established and in operation since 2009, this thriving beauty supply store is looking for a new ownership with fresh mind and plans since the current owner wants to retire. The owner built a state-of-art 9,000 squre feet of building customed for his beauty supply business. Average yearl gross sales for past 3 years is $2.2M with considerable net profit from the business. Estimated gross inventory on hand is about $1.4M and considerable value of fixture(not for sale but conveyed to the new owner which will stay in the property).

The owner is asking $800K plus inventory and rent rate of $25.50 per square foot(Triple Net Lease).
If you are interested in this business, please prepare your financial or bank statement showing at least $1.5M. This is a prerequisite condition to know more about the business. ONLY serious and able inquiries please.
About the Business
Years in Operation
16
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
9,000
Rent
$19,125.00 per month
Lease Expiration
9/30/2028
About the Sale
Seller Motivation
Owner is retiring after 16 years at current location.
Transition Support
2-4 weeks during the due diligence period and Closing.
Listing Info
ID
2419999
Listing Views
3

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Business Listed by: Young Kim Young's Home and Business Realty

Listing ID: 2419999 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 of Use. Learn how to avoid scams.