Existing Beauty Business 8,6000 SF - 20% Annual Growth 39,000+ Cars
Schererville, IN
| Asking Price: | $1,300,000 |
| Gross Revenue: | $1,559,211 |
| Rent: | $11,500/Month |
| FF&E: | $94,865 |
| Cash Flow: | $650,000 |
| Inventory: | $759,000 |
| EBITDA: | $485,000 |
| Established Year: | 2017 |
Listing ID: 2178342Listing provided by BizBuySell
BUSINESS DESCRIPTION
High Cash Flow Beauty Supply Business - GROSS LEASE!
Kali Beauty's Schererville location has grown 20% year-over-year from 2021 to 2023 and is on pace for a 2024 15%+ increase. It is a great opportunity to get into the beauty supply sector that is a recession proof business with 55% margins. We have business tax returns and detailed books and records of the business since opening to show the sales and growth this business at this location. Location can have a salon co-located on-site and is already plumbed and set up for a salon.
DETAILED INFORMATION
Location
Schererville, IN
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
8,600
Lease Expiration
31/03/2028
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
No CAM, No Triple Net Lease, Seasoned and responsive local Landlord, 7 Years into 10 Year Lease; US 41 is 39,000+ Daily Vehicle Trips Currently and Growing. Over 20,000+ customers in system and rewards/points for recurring customers. 889 Reviews with 4.9 Google Business Rating! We are close to everything within 1/4 mile of one of the busiest and most profitable corridors in Indiana for many national and local businesses.
Shops on Main
Whole Foods
Strack & Van Til
Walmart
Portillos
Menards
Lowes
Chick-fil-A
Nordstom
Old Navy
Kohl’s
Target
Competition
We are the go-to local beauty supply company providing salon quality products for well below salon prices. Our products are top of the line and we supply many salons and beauty businesses in the region and around Chicagoland. Our competitors are the typical large box beauty supply chains, but we have created out own niche and deliver quality that far exceeds the larger big box beauty supply retailers and we do it for at or less than their inferior products.
Growth & Expansion
Kali Beauty Schererville has grown 20% year over year since 2021 and is on pace for a 15%+ increase in 2024. It is a great opportunity to get into the beauty sector that is a recession proof business with 55% margins. Detailed and supporting documentation available unpon entry into a binding non-disclosure agreement.
Support & Training
Owner can discuss support and training to learn the businesses systems, marketing, software, and other dynamics. All current employees are positioned to stay and many have experience that will help with a transition of ownership.
Reason for Selling
Owner transitioning into a different business that will allow him to spend more
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