Price: $300,000
Location: Los Angele County
Industry: Beauty and Personal Care
Listing ID: 5343 JH
Listing Status: New
Well-established, high-volume wig and beauty supply store located in a prime location on a major street with excellent visibility. The business has been operated by the current owner since 1999 and is now being offered for sale due to retirement.
The approximately 1,200 sq. ft. store generates average monthly gross sales of approximately $50,000. Monthly rent is $6,700, including NNN, with the current lease running through January 31, 2030.
The store is open seven days a week from 9:30 a.m. to 7:30 p.m. and is supported by two part-time employees with combined monthly wages of approximately $4,500.
This is a true pride-of-ownership business with a long operating history, established customer base, strong visibility, and significant sales volume in wigs and beauty supplies.
SBA financing may be available for qualified buyers with approximately 30% down.
OFFICE ID 5343 JH
Down Payment: $300,000
Total Sales: $600,000
Cash Flow: $144,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
FFE Included: Yes
Inventory: $250,000
Inventory Included: No
Year Established: 1999
Year of last Acquisition: 27
Days & Hours of Operation: 7 DAYS 9:30am to 7:30pm
Owner Hours Per Week: Full Time
Non-Owner Payroll: $54,000
Employees: 2
Absentee Owner: No
Security on Lease: Yes
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $6,700
Type of Location: Retail
Square Footage: 1200
Franchise: No
