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Tennessee
Asking Price
$1,650,000
Revenue
Call/Email
Down
$1,650,000
Cash Flow
Call/Email
Name: Christopher Whitehead
Name
Christopher Whitehead
Year Established:
2023
FE&E:
$73,801
Reason for sale:
Other business focus
Lease Options:
N/A
Listing Number:
5182-599097
Sales:
$598,286
Seller's Discretionary Earnings:
$238,604
Posting ID:
ID tw:91415 / Listing Number 5182-599097
Business Category:
Real Property Rltd
Keywords:
Transworld
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SBA Pre-Qualified Beauty Supply Store — Absentee-Owned, Chattanooga, TN SBA PRE-QUALIFIED: This business has been pre-qualified by an SBA lender for financing of up to approximately $1.17 million for an investor / absentee buyer and up to approximately $1.96 million for a qualified owner-operator buyer who intends to personally assume certain management responsibilities. Pre-qualification is based on the lender’s review of the business financial information provided and is not a guarantee of financing. Final loan approval, structure, equity injection, collateral requirements, and terms will depend on the individual buyer’s qualifications, creditworthiness, experience, available liquidity, and lender underwriting. A rare opportunity to acquire a well-established, large-format beauty supply retailer in Hamilton County, Tennessee. 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Business Overview The store serves an established Tennessee market and offers an extensive selection of beauty and personal-care merchandise, including: Hair-care products Wigs and hair extensions Cosmetics and accessories Professional beauty supplies General beauty and personal-care merchandise The acquisition includes approximately $1.3 million of inventory at cost, along with applicable furniture, fixtures and equipment, established vendor relationships, trained employees, operating infrastructure, and an existing customer base. Key Investment Highlights SBA pre-qualified up to approximately $1.17 million for an investor / absentee buyer SBA pre-qualified up to approximately $1.96 million for a qualified owner-operator $2.34 million asking price includes approximately $1.3 million of inventory at cost Completely absentee-owned operation Fully staffed with experienced employees and management More than $3 million in average annual revenue Approximately $385,000 average annual absentee-owner SDE Approximately $540,000 average adjusted owner-operator SDE Significant inventory included in the transaction Established vendor relationships and customer base Turnkey operating infrastructure Opportunity for an owner-operator to increase cash flow by assuming management responsibilities Seller willing to provide reasonable transition assistance Ideal Buyer This opportunity may be particularly attractive to: Investors seeking an established absentee-operated retail business Experienced beauty supply operators Owner-operators seeking greater potential cash flow Family-owned retail businesses Regional or multi-location beauty supply operators seeking expansion Buyer Qualification & Confidentiality Prospective buyers must provide a minimum of $700,000 in verifiable proof of funds or appropriate financing / pre-approval documentation demonstrating the financial ability to complete a transaction of approximately $2.3 million or greater. 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