Charm Kiosk 6-LOCATIONS

Los Angeles County, CA
Sale Pending
Asking Price:$499,000
Gross Revenue:$1,032,000
Rent:$27,000/Month
FF&E:$250,000
Cash Flow:$1,032,000
Inventory:$150,000
EBITDA:$442,000
Established Year:2022
BUSINESS DESCRIPTION

Motivated Seller

REDUCED.......ONLY $499,000.00 Hurry this one will sell quick ……This is a charm kiosk business for sale. There are 6 locations. There is a patent pending for how the charm attaches. The locations grossed $1 Million+ for 2023. The patent info is being sold along with the business. The average net sales are approximately $442k+/annually. Sales are approx 55% cash, 45% card ran off the Square system. This a very profitable and niche business.

It is very easy to run and it is currently ran absentee. This is being sold as a package deal for 6 locations, and will not sell separately. Each location is ran by one employee, no overtime, all base pay and if the employees exceed a certain amount of sales per week they get a bonus. The hours are run based on mall/center locations. They have longer hours during holidays, Black Friday and Christmas.

Currently, the seller has exclusivity for all his locations. Business is not financeable. seller is looking for a cash buyer for a quick sale that's why the business is priced competitively. Make your return on investment very quickly. NDA along with proof of funds must be provided before getting additional location information, no exceptions, the seller is not wasting time with window shoppers.

Cash buyers only!!!

Please email your proof of funds and individual names to Myagentsalim@gmail.com in order to receive a Non-Disclosure agreement to be signed. no additional information will be given without Proof of funds.
Seller may consider carrying a note for a qualified buyer who is able to put 60% down.


DETAILED INFORMATION
Location
Los Angeles County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Patent Pending
Competition
Seller has exclusive rights per locations
Growth & Expansion
Business is very expandable if new owner wishes to continue to expand
Support & Training
30 days for support and training/ Easy to operate business mostly minimum wage employees
Reason for Selling
Seller needs to focus on other larger business opportunities
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Salim
Farha
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Salim Farha