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Business for Sale Summary

Cosmetics Boutique Retail - 27347

Business Type: business services (b2b),consumer services (b2c),general internet,new to market,seller financing available,health/beauty/nutrition supply
Owner Financing
Cosmetics Boutique Retail
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Financial Information (non-confidential)

General Information
Asking Price $260,000 Down Payment $90,000
Gross Revenues $528,000 Lease Remaining Register Free to View
Owner’s Cash Flow $142,000 Number of FT Employees Register Free to View

Financing

$90,000 Down and Financing for 24 Months @ 7%

Business Description

Boutique retailer of luxury cosmetics, skincare, fragrance, bath & body products as well as in-store spa concept all in one place. Located in a strip mall with 28 national retailers in a very wealthy area of Morris County New Jersey. Very reasonable rent. 6 years still on the lease with an option to renew in 1 year. Day Spa is 23% of sales. A lot of room for growth. (medi spa, laser, injectables etc). Going at 20% yearly. Brick and mortar: 1) Location - We are located in shopping plaza with 28 national retailers, some of them include Ann Tailor, JCrew, White House Black Market, Banana Republic, GAP and more. 2) Demographics - The Chester area is a high income area with median household income over 150K / year. 3) Established store - Our 2200 sq ft store operating in the mall for more than 3 yeas and have a loyal established clientele. 4) Competition - There are no competing retailers in 10 mls radius. 5) Brands - Smashbox, Kevyn Aucoin, Bare Minerals, Jane Iredale, BECCA, Fresh, Bliss, L'Occitane, REN, Caudalie, Philosophy, Peter Thomas Roth, La Vanilla, Mario Badescu, Dermalogica, SkinCeuticals, Dr. Dennis Gross, Anthony, CREED, Frederic Fekkai, Phyto, Molton Brown, Diptyque, Tocca, Lafco and many more. 6) Exclusive rights - We have favorable lease terms including an exclusive right to sell such products in this shopping center. 7) In Store spa - Two treatment rooms (with possibility to expand) where we offer a wide spectrum of spa services including massage. 8) 5 stars service - We have 5 star yelp reviews which is unmatched by any competition that itself is very limited in the area.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.