High-Volume Wig Store, Prime Location, $50K/mo

Featured on BizBuySell.com . 2 viewed

Asking Price

$350,000

FOR SALE - ACTIVE

Detailed Information

Location

Los Angeles County, CA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This is a high-volume wig and beauty supplies store located in a prime spot on a major street, offering great visibility. The store generates a monthly gross income of $50,000 with monthly rent of $6,300 including NNN, operating under a 10-year lease that includes an option to renew. The store's size is 1,200 square feet and it is open from 9:30 am to 7:30 pm every day of the week, staffed by 2 part-time employees earning $3,500 per month. The current owner has operated the store since 1999 and is now looking to retire. Financing for the purchase can be obtained through an SBA loan with a 30% down payment. With a strong sense of pride in ownership, this business presents an opportunity for an entrepreneur to step into an established enterprise with a proven track record of success. The store's advertisement number is 2298980. In summary, this flourishing business is a turn

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Listed By:

Name : VR Business Brokers

Phone Number : Show Phone number

VR Business Brokers typically replies in about 7 minutes

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