Business for Sale

Beauty Supply High On-Line Sales, LA Beach City

BizEx1223-EM

Background

General Location:South Bay, CA
Category: Retail
Beauty Supplies
Years in Business:25
Under Present Owner:25
Hours of Operation:9:00 - 5:00
Owner Hours:Varies
Training:4 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:2014
Lease Options:
Building Size:1,280
Employees:3
Reason for Sale:Retirement

Financials

Asking Price:$369,000
Down Payment:Negotiable
Gross Sales:$1,000,000
Discretionary Cash Flow:$225,000
FF&E:$40,000
Inventory Included?Yes
Inventory:$300,000 - Reimburse Seller
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$6,500
Payroll:$2
Financing:SBA

2018 2017 2016
Gross Sales $ 1,400,000 $ 1,250,000 $ 960,000
Gross Profit $ $ $
Disc. Earnings $ 243,000 $ 225,000 $ 160,000

Description

Well established Beauty Supply Retail Store - High On-Line Sales - Excellent walk-in Traffic.

This company has built a strong on-line presence, including accounts with Amazon and Walmart. For over 25 years this company has been located in a very high-income, beach community in a busy, premium shopping center. 

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.

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. 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


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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Eric Mellem
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802