Sold

Price: $940,000

Location: Chicago

Includes: Business Entity, all Equipment & Fixtures.

This retail beauty supply store is owned by absentee owners. The owners are 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 general manager to manage the business. The owners state that the profit margins are 45% on average and that the cash flow is approximately $30,000.00 per month.

Note: We have 2 other beauty supply stores for sale also.

Listing Details

Total Sales: $1,500,000

Cash Flow: $360,000

FFE: $80,000

Inventory: $260,000

Location

Facilities Information:

Base Rent; R.E. Taxes; C.A.M.: Approx $7,150.00/month
Store Size: Approximately 4,042 Square Feet.
Parking: Plenty

Summary

Financing/Terms:

Owners will consider financing 10-15% of purchase price.