Fabulous Beauty Store Business for Sale - High Traffic Neighborhood ! Situated in the heart of the Shopping Corridor on 24th Street, you will find this fabulous Beauty Supply business for sale with tremendous possibilities. High quality products with an esthetician's room and salon chair located in the store! The space is approximately 700 sq. ft. Monthly Rent - $3,700 with reasonable LL Lease Terms – 3.5 years remaining + 5 year option that has a cap on increases High traffic area Walk score = 96 Transit score = 78 Bike score = 82 Current revenue is from product sales only (2015): Estimated Gross Sales - $241,000 (annual) Estimated Gross Sales - $221,700 (annual after tax) Cost of Goods Sold - $107,000 (annual) Profit - $114,600 (annual) Gross profit percentage: 51.67% Estimated Net Income - $3500 per month running as absentee owner * Salon Chair is currently being rented out at an additional $600/month - on a month-to-month agreement. * Esthetician Room currently not in use. Inventory: included
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