Executive Summary
Business Description
Why start from scratch! Amazing opportunity to own one of the most established beauty supply businesses in the heart of L.A.
This very successful Beauty Supply has been in business for 17 years and making a steady income for many years.
Located in a densely populated commercial and residential area on a busy drive/walk street, the interior is very clean and neat with a fresh, modern look. Top of the line inventory caters to industry professionals and retail customers alike.
Perfect business arrangement for an owner/operator with crossover skills or can be easily adapted for absentee ownership. This very successful Beauty Supply is completely turn-key and priced to sell.
Financials disclosed with NDA to qualified Buyers only
Hoovers.com Reports:
“The Cosmetic, beauty supply, and perfume store (beauty store) industry includes about 13,000 stores with combined annual revenue of around $10 Billion”
“Retailers offering both beauty products and salon services can generate more than $400,00 annually between $100 and $500 per square foot, according to Beauty Store Business. Stores selling only beauty products average less than $300,000 annually and less than $250 per square foot. Stores specializing in high-end beauty products can generate over $1,000 per square foot.”
With this solid business it would be very easy to set up a website and develop a web presence, and expand this already successful store.
According to the 2007 Census Report, there were over $10.3 Billion in sales from the Beauty Industry so, Don't miss the chance to get into a well established, profitable business that has been making a steady income for many years.