New York, New York, United States
| Asking Price: | USD $399,000.00 |
| Gross Income: | USD $372,000.00 |
| Cash Flow: | USD $115,000.00 |
| Fixtures & Fittings: | USD $15,000.00 |
| Stock & Inventory: | USD $220,000.00 |
| Owner Financing: | Yes |
| Finance Available: | NEGOTIABLE |
| Year Established: | 1970 |
| Trading Hours: | M-F 9-5, Owner Hours: 10 |
| Employees: | Full Time: 1, Part Time: 1 |
| Terms of Sale: | Share Capital |
THIS COMPANY ( WITH A FAMOUS NAME ) SELLS A COMPLETE LINE OF IMPORTED COSMETICS AND BEAUTY SUPPLIES ONLINE. MOST OF THE PRODUCTS ARE PROPRIETARY.
$50,000. OF INVENTORY INCLUDED IN SALE . TOTAL INVENTORY = $220,000. ALL CURRENT INVENTORY.
IN BUSINESS SINCE 1950, THE COMPANY STARTED OUT AS A WELL KNOWN PHARMACY IN MANHATTAN AND WHEN THE OWNERS PASSED ON, THEIR SON BUILT AN ONLINE BUSINESS IN ORDER TO KEEP SUPPLYING THEIR CUSTOMERS WITH THE PRODUCTS THEY HAD COME TO LOVE. THE BUSINESS DOES NO ADVERTISING OF ANY SORT AND IS CURRENTLY AVAILABLE ONLY TO THOSE CONSISTENT CLIENTS WHO HAVE BEEN ORDERING AND RE-ORDERING FOR YEARS
KNOWLEDGE OF HOW TO RUN AN ONLINE BUSINESS.
Expansion Potential: UNLIMITED WITH ONLINE ADVERTISING AND MARKETING . THERE HAS NEVER BEEN ANY PAID ADVERTISING OR MARKETING EFFORTS.
Competition & Market Info: THIS COMANY SELLS MAINLY PROPRIETARY PRODUCTE UNDER THEIR OWN BRANDS AND LABELS, THEREFORE IT STANDS ALONE.
Reasons for Sale: RETIREMENT
Support & Training: SELLER WILL COMPLETELY TRAIN
Property Type: Leasehold
Lease Terms: 12/31/2013, 5 YEAR option
Leasehold Rent: $1,500
Premises Details: SIMPLE SPACE IN AN OFFICE BUILDING WITH ROOM FOR A DESK AND PRODUCT STORAGE AND SMALL SHIPPING AREA. BUSINESS CAN BE RE-LOCATED ANYWHERE INHOME OR OFFICE SPACE.
Size (Sq m or ft): 600 sq ft
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