Wholesale Midwest Beauty Supply Distributor

MI (Relocatable)

Wholesale Midwest Beauty Supply Distributor
Contact Seller

Asking Price: $525,000

Cash Flow: N/A

Gross Revenue: $564,000

EBITDA: N/A

FF&E: N/A

Inventory: $130,000*

Real Estate: $350,000

Established: 1993

*not included in asking price.

Wholesale Midwest Beauty Supply Distributor

Save Print Share Valuation Report

Business Description

This established wholesale business carries leading brands with some exclusive lines, of products used by hair, nail, and beauty salon professionals. Customers are primarily in West Michigan, but orders are shipped throughout the US. This business prides itself on its 25 years of excellent customer service, and personal touch for its clientele.

The building includes a store/showroom in the front, Full salon for demonstration or additional income, office space, finished upper floor area perfect for more offices, and warehouse with overhead door for deliveries. Independent contractors provide sales and service for new and recurring accounts.

The owners is willing to assist with a successful transfer of ownership. To receive additional information about the business, please contact one of the brokers to receive an NDA.

-Turnkey business opportunity!
-Real estate is included in the sale
-Business employs full-time warehouse staff as well as part-time office and warehouse staff
-Independent contractors handle sales

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
4,772
Employees:
3
Facilities:
Location is near a major highway with excellent geographic positioning to serve clientele. Building includes office (708 sf), Showroom (1024 sf), Salon (480 sf), Warehouse 1188 sf and 1372 sf areas with 14 ft. height. Building is in good condition. Overhead door for deliveries.
Competition:
Seller is unique in providing high-touch customer service. Other distributors do not send out reps to visit every two weeks or to deliver product to salon customers.
Growth & Expansion:
Building includes a two-seat salon that can be rented out for additional income. Business formerly held trainings for up to 25 salon owners to demonstrate skills and use of product, which generated fees and sales of product. Additional growth opportunities include establishing and promoting company website and online presence through search engine optimization and social media. New owner can increase profitability by reducing level of inventory and increasing sales to improve product turnover ratios.
Financing:
N/A
Support & Training:
The owners is willing to assist with a successful transfer of ownership.
Reason for Selling:
Owner is pursuing retirement
Contact Seller

Contact the Seller

Contact Seller Loading

Kathy DeVries

Business Listed By:
Kathy DeVries

Keller Williams Commercial Grand Rapids

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1568827 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Glass Doctor

Franchise Opportunity In MI
Cash Required: 50000