Great Opportunity For a New Owner

Canton, GA (Cherokee County)

Great Opportunity For a New Owner
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Asking Price: $149,000

Cash Flow: $90,000

Gross Revenue: $180,000

EBITDA: N/A

FF&E: $10,000

Inventory: $35,000

Rent: $1,500 /Month

Established: 1994

Great Opportunity For a New Owner

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Business Description

Well established and profitable cosmetics business in fabulous location!

Great opportunity for a new owner to take over this profitable business, Merle Norman Boutique is a franchise business located in a prominent area, in business for over 25 years in same location. A franchise that has “no” royalty, advertising or transfer fees but offers all the support a business owner can ask for.

Merle Norman Cosmetic, headquarters in Los Angeles, California, since 1931, develops, manufactures, and distributes their nationally recognized and innovative products through independently owned and operated retail stores throughout the United States and Canada.

Detailed Information

Location:
Canton, GA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
600
Lease Expiration:
2/28/2021
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
600 +/- square feet
Competition:
There is no other Merle Norman Studio in the area, so this studio has a wonderful number of devoted clients and the incredible growing potential for the new owner.
Growth & Expansion:
Adding some outside products/services (waxing, eyebrow threading, clothing, jewelry, and none-competing cosmetic products) could be added for additional income for the new owner.
Support & Training:
Free, Mandatory training through Merle Norman for 5 days in CA
Reason for Selling:
Owner wants to retire
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(from currently available funds)
 
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Julian Gallo

Business Listed By:
Julian Gallo

Jax Business - Kommersial - Makro Investment

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Sponsoring Broker:
Ricardo Quintero

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