Beauty Supply Store for sale in Chicago

CHICAGO, ILLINOIS-Includes: Business Entity, all Equipment & Fixtures.

This Retail Beauty Supply Store is owned by an Absentee Owner. The Owner is not involved in the day-to-day operations. An Owner/Operator could expect to increase sales and profits by being involved in managing the business and by not having to pay a manager to run the business. The Owner states that the profit margins are 45% on average and that the cash flow is approximately $10,000.00 per month.

Asking Price: $359,000.00 (not including Inventory)
Cash Flow: Approximately $120,000.00 per year
Gross Annual Sales (approximately): $1,100,000.00
Value of furniture, fixtures & equipment (approximately): $70,000.00
Value of inventory (approximately): $400,000.00 (Not Included in Asking Price)
Building, Lease details (approximately): Base Rent; R.E. Taxes; C.A.M.: Approx $18,000.00/month
Store Size: Approximately 7,000 Square Feet.
Parking: Plenty
Seller Financing: Owner will consider financing 10% of purchase price.

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