Retail Beauty Supply Store  for Sale

Retail Beauty Supply Store for Sale - $499,000.00 plus inventory

CHICAGO, ILLINOIS - Includes: Business Entity, all Equipment & Fixtures.

beauty supply storeWant to buy a cash cow? This Retail 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.

Asking Price: $499,000.00 (not including Inventory)
Gross Annual Sales: $873,000.00 (Reported)
Cash flow: $185,971.00 per year (Reported)
Value of FF&E: $70,000.00
Value of Inventory: $200,000.00 (Not Included in Asking Price)
Building, Property, Lease details: Base Rent; R.E. Taxes; C.A.M.: Approx $10,300.00/month
Store Size: Approximately 5,000 Square Feet.
Parking: Plenty
Seller Financing: Owner will consider financing 15% of purchase price with a qualified Buyer


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