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Beauty Supply Store, High Income Beach Area 25 yrs

Hermosa Beach, CA (Los Angeles County)

Beauty Supply Store, High Income Beach Area 25 yrs
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Asking Price: $369,000

Cash Flow: $225,000

Gross Revenue: $1,000,000

EBITDA: $225,000

FF&E: $40,000

Inventory: $300,000*

Established: 1993

*not included in asking price.

Beauty Supply Store, High Income Beach Area 25 yrs

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Business Description

A well established Beauty Supply retail store with almost 70% of it's sales revenue from their on-line presence, including accounts with Amazon and Walmart. For 25 years this company has been located in a very high-income, beach community in a premium shopping center with CVS and Vons as anchors.

They have developed a dedicated customer base, which includes numerous beauty, hair and skin care industry professionals. There are also stations for a hair stylist, skin care professional, or a masseuse in the store.

Good Growth Opportunities - the current owner does very little advertising and still generates over a $1,000,000 in annual revenue. A new owner could substantially increase revenues by doing increased marketing for both walk-in and on-line sales. Expanding the Inventory and adding new product lines would also greatly increase income.

This is an Asset Sale which will include all FF&E; buyer to reimburse seller for Inventory, at cost. Owner will offer a reasonable training at COE.

For more information, please complete the "Buyer Registration" including a Non-Disclosure Agreement on-line at www.bizex.net. Eric Mellem, Business Broker and M & A Advisor, (310) 293-6414, emellem@bizex.net

Detailed Information

Location:
Hermosa Beach, CA
Inventory:
Not included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller will train
Reason for Selling:
Retirement
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