Sold

Price: $499,000

Location: Chicago

Includes: Business Entity, All Equipment and All Fixtures.

Want to buy a cash cow? This Beauty Supply business is owned by an Absentee Owner. The Owner is not involved in the day-to-day operations. An Owner/Operator could expect to increase sales and profits by being involved in managing the business and by not having to pay a manager to run the business. The Owner states that the profit margins are 45% on average and that the cash flow is approximately $15,416.00 per month.

Listing Details

Total Sales: $873,000

Cash Flow: $185,971

FFE: $70,000

Inventory: $200,000

Location

Facilities Information:

Base Rent; R.E. Taxes; C.A.M.: Approx $10,300.00/month
Store Size: Approximately 5,000 Square Feet.
Parking: Plenty

Summary

Financing/Terms:

Owner will consider financing 15% of purchase price with a qualified Buyer.