Beauty Supply Store for sale in Chicago

Chicago - Includes: Business Entity, All Equipment and All Fixtures.

Want to buy a cash cow? 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 $15,416.00 per month.

Asking Price: $499,000.00 (not including Inventory)
Cash Flow: Approximately $185,971.00 per year (Reported)
Gross Annual Sales (approximately): $873,000.00 (Reported)
Value of furniture, fixtures & equipment (approximately): $70,000.00
Value of inventory (approximately): $200,000.00 (Not Included in Asking Price)
Building, Lease details (approximately): Base Rent; R.E. Taxes; C.A.M.: Approx $10,300.00/month
Store Size: Approximately 5,000 Square Feet.
Parking: Plenty
Seller Financing: Owner will consider financing 15% of purchase price with a qualified Buyer.

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