Wigs & Gift, High Net, 24 Years in Business, SBA, Busy

Price: $565,000

Location: Pomona

Industry: Beauty and Personal Care

Listing ID: 01985343JH

Listing Status: Reduced Price

Description

Monthly gross: $60,000
Monthly rent: $6,300 INCLUDING NNN
Lease terms: 10years including option
Store size: 1,200 sf.
Open hours: 9:30 am - 07:30 pm Mon to Sun.
Employees: 2 Part-Time Wage: $3,500/month

Owner since: 1999 / RETIRE.
Financing: SBA loan with 30% down.
Note: prime location on a major street with great visibility. Pride of ownership.
High-volume wig & beauty supplies store.

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: N/A

Inventory: $300,000

Inventory Included: No

Operation

Year Established: 1999

Year of last Acquisition: 24

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: 1@5 yrs

Location

Real Estate: N/A

Monthly Rent: $6,300

Type of Location: Shopping Center

Square Footage: 1200

Summary

Reason For Sale:

Retire

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LISTING OWNER