Cosmetic Retail Company
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $550000
Net Profit / Cash Flow $225000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1980
Number of Employees 1 - 3
Inventory 85000 Equipment Only
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training The owner will supply training and transitional period post closing to the new operator.
Reason for Sale Retiring after many years of success into an alternative industry.
Description Thirty year retail-wholesale cosmetic and skin care business located in an affluent, suburban area of Northern NJ. The company markets its private label makeup products and skin care with profit margins ranging from 400% to 800% and representing a substantial net return. The business is non seasonal and recession proof due to the moderate product cost and high customer demand. The company will provide the experience of thirty years of operational success that has stood the test of time and flourished even in a difficult economy. This retail company has an average net yearly income of $225,000 with years of future potential income. Based on the asking price, required down payment and net income this business should supply a 30% return to the owner operator prior to debt service. The facility consists of a 1,500 square foot attractive commercial retail shop with a professional image, appropriately designed for this particular industry. The business is located in an affluent community of Essex County, Northern New Jersey and on an active commercial avenue with a various other businesses. This retail store is conveniently located near various highways and is well known in the industry.
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