Owner Financing is Available!
Business Overview:
Long established thirty year old highly successful retail cosmetic and skin care business in an upscale suburban area of Northern New Jersey. This wonderful non seasonable business in addition to makeup also offers perfume, accessories and jewelry. The company markets strictly its private label skin care and make up lines with profit margins ranging from 400% to 800% representing a substantial net to the owner. The business has a customer base of 4,000 registered active retail patrons with a very successful mail out service. The business is located on an active commercial avenue in a wealthy community with many other successful businesses. The business is non seasonal and somewhat recession proof due to the moderate cost of the product and high demand from the customers. This is a turnkey business with all the marketing systems, programs and buying
strategies proven and in place for the new operator. The
business presently has two employees who are trained in the
industry and will remain post closing. The facility has numerous displays, counters and various equipment for this fully equipped retail store. Substantial municipal parking is on the site and available at the facility. The business consists of a six day operation and hours from 10 am to 5:30 pm. The sale offers a long term ten year lease with a yearly rent of $25,000. The seller will supply a long term non compete agreement to the new owner. The company has a consistent gross income of $550,000 and a minimum net yearly income of $250,000. This is a wonderful opportunity for an individual with good people skills who can move into this glamorous industry and further develop the business income. This is a wonderful opportunity and a must to see to fully appreciate.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Market Competition and Expansion:
Due to the private product label and quality service no competitors are nearby or compete with this business.
Reason for Selling:
Retiring after many successful years in this indus
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.