Rhode Island Best Location for Beauty Supply

Cranston, RI
Asking Price:$150,000
Gross Revenue:$500,000
Rent:$6,500/Month
Established Year:2009
Cash Flow:$145,000
Inventory:$175,000
FF&E:$80,000
BUSINESS DESCRIPTION

Existing Dress Store can be turned Turn-Key Beauty Supply

This extremely popular dress store is for sale. There is a massive customer base for the dresses, but an endless demand requesting a beauty supply be incorporated or changed for the business. The location is one of the most desirable shopping destinations in Rhode Island and there is almost too much traffic in terms of people. This location can either be used as a new beauty supply, or continue with the dress store in which still is very profitable.


DETAILED INFORMATION
Location
Cranston, RI
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,500
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Everything is included in the asking price. Including the massive inventory!
Competition
There is no competition for either dresses or beauty supply.
Growth & Expansion
There is an enormous growth and sales opportunity that can be had if changed into a beauty supply.
Support & Training
The current owner would like the best transition for the new owner, so he is willing to train as much needed for the best transition.
Reason for Selling
retirement
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Jung Park
Jung Park