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  • Listing No.: 101-15814

  • Category: Beauty, Retail

Asking Price $69,000
Down Payment $0
Gross Revenue $130,000
Total Adjusted Net Income $0
Equipment/Fixtures $60,000
Year Established 2016
General Location
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image-for-Jae Jung
Contact Details:

It is a great opportunity! K-beauty cosmetic wholesale & Retail shop located in China Town. The retail shop has been open since 2016, has own customer base and his website to sell online. The current owner has moved to another state and is helping his family business. The inventory is worth more than $70,000, which is more than the asking price. If you are interested in the beauty business, this is the one! Also you can combine the hair or nail salon. For the fastest reply to your inquiry please use this ad's email reply.     

Gross Revenue $130,000 Listed Price $69,000
Total Income $0 Down Payment $0
Base Rent $4,002 Square Feet 1952
Total Rent $4,092 Lease Expiration 2/2022
Rent Deposit $12,000 Lease Options
Inventory $70,000 Leasehold Improvements $40,000
Equipment/ Fixtures $60,000 Other Assets
Full-Time Employees 1 Training Period 1 Week
Part-Time Employees 1 Special License Required
Contract Staff 0 Reason for Selling Moving out of the state

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.