Wigs & Gift Retail-High Net- Established 24 Yrs.-SBA
Not Disclosed, CA Los Angeles County
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- RE: Wigs & Gift Retail-High Net- Established 24 Yrs.-SBA
- Contact: Jonathan Hwang
- License #: 1995716
Quick Facts
| Asking Price: | $300,000 | |
| Annual Revenue: | $600,000 | |
| Net Profit: | $144,000 | |
| Cash Flow: | $144,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1999 | |
| Employees: | 2 | |
| BBN Listing #: | 1015182 | |
| Broker Reference #: | 5343 JH |
Business Overview:
Well-established, high-volume wig and beauty supply store located in a prime location on a major street with excellent visibility. The business has been operated by the current owner since 1999 and is now being offered for sale due to retirement.
The approximately 1,200 sq. ft. store generates average monthly gross sales of approximately $50,000. Monthly rent is $6,700, including NNN, with the current lease running through January 31, 2030.
The store is open seven days a week from 9:30 a.m. to 7:30 p.m. and is supported by two part-time employees with combined monthly wages of approximately $4,500.
This is a true pride-of-ownership business with a long operating history, established customer base, strong visibility, and significant sales volume in wigs and beauty supplies.
SBA financing may be available for qualified buyers with approximately 30% down.
OFFICE ID #5343 JH
Contact the Seller:
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Reason for Selling:
Retiring. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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