Beauty Supply Business In Tampa Bay Area For Sale

Business description

Income to Owner $17,992 with considerable potential. Current Revenue is $182,000. You can buy this business for $150,000 depending on inventory. Established for 1 year, this Prestige Fashion and Beauty Supply is available for purchase, located in an upscale mall in the Tampa Bay area. Seller has other business commitments and is unable to dedicate the time needed to grow the business and maximize on the businesses potential. With a large selection of merchandise offered at competitive pricing and no marketing or advertising in place the business has been limited in reaching its potential. A new energetic owner operator who could commit the time and resources needed to develop an aggressive marketing and advertising plan that could increase the earnings substantially and capitalize on their small business investment. A well planned E-commerce website could expand the business beyond its physical location. The Beauty Supply store offers a multiple and variety of hair products including but not limited to hair accessories, hair appliances, hair barrettes, pony tail balls, wigs, hair pieces, extensions, hats, hair coverings, clips, brushes, and pins, complementary make-up items and barber supplies including hair clippers and trimmers, curling irons, dryers, and miscellaneous costume jewelry plus more. This is a great opportunity for the right buyer to benefit from an established premium location and take the business to a whole new level maximizing on their investment.

Property information

Real Estate:

Lease

Leasehold rent:

$2,247 per annum

Location:

The Business has been established for 1 year in a premium mall location operating in 4,933 sq. ft. The business has a percentage lease fee and pays base rent of $2,247 as of 10/1/11 plus 20% of revenues in excess of $30,000 gross sales per month. The lease escalates on a yearly basis and a new buyer may be required to sign a new lease with the landlord.

Size in square feet:

4,933

Other information

Competition / Market:

There are several competitors in the Tampa Bay area, however this beauty supply is ranked #1 among its competition.

Reasons for selling:

Other Business Commitments

Furniture / Fixtures value:

$30,000 (included in the asking price)

Inventory / Stock value:

$100,000 (included in the asking price)