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Very Profitable Beauty Supply Business [96014]

Cumberland County, New Jersey

Asking Price: Gross: Cash Flow:
$1,600,000 $700,000 $270,000

Inventory Value:
$500,000 ( not included in the asking price)

Real Estate:
$0 (included in the asking price)

Business Summary:
Very profitable and well established Retail Beauty Supply Business with property and rental income. The property consists of a four store strip center plus a 3 B.R. house with 50 plus parking.The rental income from the house plus two stores is $27,600. One empty store when rented would bring another $10,000. The business consists of hair products, chemicals, wigs, jewelry, clothing, etc...Business is very desirable because of very high gross profit margins. Business only is available for $550,000 with rent of $6000/month. Cash flow is for owner/operator working 50 hours a week with no salary and before any debt service

 
   
   
Year Business was Established: 2008
   
Number of Employees: 2FT/1PT  
   
Reason for selling: Other Business Interests  
 

 

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