Beauty Supply (LA-90044) $600,000

Asking price: $200K + $400K inventory = $600K
Gross sales: currently $33K but it can range from $33K/mo to $37K/mo
Net Income: $13K-$15K ======> ($13K with 1 PT employee, $15K without)
Rent: $3815/mo (including CAM); 3% annual increase
New Lease: 3 yrs
Size: 2500 sf.

Husb + wife both work full time.  Currently, there is no employee but usually the Seller uses 1 part-timer (for when the husb needs to go out to make errands)
This business would be ideal for a husb & wife to work and run the business together.  If the new owner speaks English, that would be a big plus to increase sales.

The Seller has a lot of inventory, calculated a total of $400K worth which can be negotiated.

The Seller hand-writes all the sales, expenses, etc on a daily basis in a notebook. (can show after an offer is received)

There is also an office space in the back, 1 small bathroom, sink, and storage area where the inventories are kept.
There is a tenant parking lot. Plenty of street parking for customers.  Many customers are walk-ins.
This business has been established for 50 years.  The current owner for about 20 years now.​
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​Do not talk to the owner and employees.
​If you talk to anybody at the store without arrangement, the seller will not sell to you.
​No Co-op brokering.
​The photo may not be an actual photo of the business.

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