| Asking Price |
$1,500,000 | Inventory |
$500,000** |
|---|---|---|---|
| Gross Income |
$3,450,000 | Real Estate |
|
| Cash Flow |
$220,425 | Year Established | 1966 |
| FF&E |
N/A | Employees | 1ft/10pt |
* included in the asking price
** not included in the asking price
This 43 year old wholesale/distributor of salon + barber supplies handles open line products, as well as 10 exclusive lines. Wholesale (business) represents 70% of total volume retail, cash + carry business from the front end of store represents 30%. Owner has statewide exclusive contracts for some brands. Inventory is current and to be counted + assessed for cost value at closing. Owner is landlord and will offer option to purchase building. For further information, please contact 908-851-9040 Ext. 266.
Facilities: Large 4,500 sq. ft. store + warehouse. 6-car parking garage in rear. 2,500 sq. ft. additional warehouse available for lease.
Competition: Limited. Some product lines have exclusive NJ rights. Strong salon + department store mall contracts.
Financing: 2% plus prime
Support/Training: Seller available for up to a year
Reason Selling: Retirement

Elayne McClaine
908-851-9040
Executive Business Brokers
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