Price: $568,000
Location: Los Angeles County
Industry: Other Retail
Listing ID: 01985343JH
Listing Status: Reduced Price
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: $6,200 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
Down Payment: $568,000
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
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
Real Estate: N/A
Monthly Rent: $6,200
Type of Location: Strip Center
Square Footage: 1200
Reason For Sale: Retiring