Asking Price: $65,000

Gross Revenue: $157,000

Inventory: $50,000 (Included in Asking Price)

FF&E: $40,000 (Included in Asking Price)

Seller Financing: none

This is a very attractive beauty supply store located on very busy street in San Jose. The store has been in the same location for 16 years, and has a strong local clientele. Current owners have spent a lot of time updating the store interior and employee training. With a focus of advertising the customer base can easily be expanded.
It is being operated absentee and, as such, is taking a loss. The owners are willing to sell the store for inventory and about 30% of the value of the assets. An owner operator would be able to show a slight profit at it current operation. The store has one hair station that currently is not in use. Renting out this station at a minimal rent would help the bottom line immensely. This is priced for a quick sale and would be ideal for someone already in the business who is looking to expand.

Employees: 1 full time - 3 part time

Facilities: Teh store is apporximately 1,000 sq. f., located in a strip center on a very business street. The rent is $3,355 including NNN. Newly redecorated with the addition of a new hair station.

Reason For Selling: other business projects