Highly profitable, modern Cosmetic and beauty supply business for sale in an active commercial area of Central New Jersey. The sale consists of a twenty-year-old, fully equipped attractive high volume retail business with a gross income of $2,000,000 and a consistent yearly net income of $345,000. The company purchasers in bulk from various international manufactures, and supplies competitive prices with a high mark up and substantial return to the company. The business has thousands of products, on high demand, that they offer to the general public. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent investment return to the owner operator prior to debt service. This industry does not require government agency or franchise approval to purchase. This business opportunity represents a modern retail facility in Central New Jersey, Mercer County which consists of 5,000 square feet. The business has various areas with different offerings, in an attractive professional setting. The company is located in a commercial shopping area which consists of various highly populated affluent communities with continued demand for these personal products. This company has twelve Full and part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $20,000. The company has an assignable commercial lease which expires 2026-01-01 plus additional options, with a monthly rent cost of approximately $10,000 and rent security of $20,000. This retail facility is located in a commercial area which consists of approximately 5,000 square feet has a capacity for approximately seventy-five customers. The business assets, based on the past year corporate tax returns is approximately $275,000. The sale consists of a fully equipped commercial retail setting, which includes displays, shelving, POS system, tables, computers, racks, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request.
Asking Price $995,000
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