Seller's Contact Information
- RE: Convenience, Beauty Supply, Lottery Store
- Contact: Vince Hsia
Quick Facts
Asking Price: | $275,000 | |
Annual Revenue: | $709,476 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $105,208 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 18 | |
Employees: | 5 | |
BBN Listing #: | 56932979 | |
Broker Reference #: | 7572VH |
Business Overview:
High volume traffic into the store with sales of $72,000 in lottery commission alone. Very high traffic count on main avenue. Established clientele for hair replacement, braids, and a tremendous floor display of beauty supplies. A very steady increase in hair supplies/lottery. Long term favorable lease. All income expenses and cash flow is based on projections for 2020. Seller will consider all reasonable offers. For further details contact Vince Hsia or office.
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Property Features and Assets:
4,800 square feet combination of beauty supplies, convenience store, lottery, 16 spots parking, established for over 18 years, the store is well maintained and organized. Lease 10 years existing plus option.
Market Competition and Expansion:
The store can accommodate more space for beauty supplies if needed.
Reason for Selling:
Owner retiring.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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