Wigs and Gifts – High Net – 24 Years in Business – SBA Loan – Busy

Price: $565,000

Location: Los Angeles County

Industry: Other Retail

Listing ID: 01985343JH

Listing Status: Reduced Price

Description

Listing ID - 01985343JH

For sale is a high volume wig & beauty supplies store.

Owner since: 1999 / Retiring

Financing: SBA loan with 30% down.

Prime location on a major street with great visibility. Pride of ownership.

Monthly gross: $60,000

Store size: 1,200 sf - Monthly rent: $6,300 INCLUDING NNN - Lease terms: 10years including option

Open hours: 9:30 am - 07:30 pm Mon to Sun.

Employees: 2 Part-Time Wage: $3,500/month

LISTING DETAILS

Down Payment: $565,000

Total Sales: $720,000

Cash Flow: $240,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $20,000

FFE Included: Yes

Inventory: $300,000

Inventory Included: No

Operation

Year Established: 1999

Days & Hours of Operation: 7 Days (9:30am to 7:30pm)

Owner Hours Per Week: Full Time

Non-Owner Payroll: N/A

Employees: 2

Absentee Owner: No

Lease Option: 5 Years Option

Location

Real Estate: N/A

Monthly Rent: $6,300

Type of Location: Strip Center

Square Footage: 1200

Summary

Reason For Sale:

Retiring

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER