Queen Latrese Hair & Bundle Factory

Business Opportunity for Sale
Catylist Listing ID: 30812226
Property Subtypes: Personal
Building Size (RSF): See Agent
Sale Price: $175,000
In Opportunity Zone? Yes
Name of Establishment: Queen Latrese Hair & Bundle Factory
Business Website Address: https://www.queenlatresewigandbundles.com/
Year Business Established: 2019
Gross Revenue: $375,000 (Annual)
Cash Flow: $89,874 (Annual)
Sale Terms: Cash/Conventional
Last Updated: 3/28/2023

Overview / Comments

Extremely successful business for sale. Owner is looking to move South due to family reasons. Business cash flows extremely well. Owner motivated to move and looking for new owner to carry the business. Ample opportunities to expand and grow operations.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Industry Segment: Other Personal Prod. and Services
Reason for Selling: Not close to family; wants to leave state
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Employee/Labor Description: 3 employees
Mgmt/Training Support Description: Available
Competition/Market Description: No other major competitor or retailer with this variety of product types
Growth/Expansion Opportunities: Store can have expanded hours, more online sales, and more locations
Seller Financing Description: NA

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,369 131,915 294,785
Median Age: 31.51 31.02 33.07
Households: 5,626 47,318 112,010
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Moody's assume any liability for errors or omissions.