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Contemporary Hair Salon for Sale. 54253
Beauty & Personal Care Businesses for Sale
- Primary Industry: Hair Salons & Barber Shops
Amazing opportunity for hairstylists and/or business investors to own a thriving, turnkey salon business. Current cashflow is over $67,000 which does not include the owner/stylist income. Business operations systems and documents are all well established, making it an easy ownership transition. Cashflow could quickly be increased by bringing your own clients or adding new employees or renters to unoccupied chairs. New build out in 2019 (with little usage during COVID), equipment and stations are in great condition. Located just west of downtown Minneapolis in a trendy, safe retail area, nestled among other popular restaurants and boutique shops. Free parking ramp. Very open space with 12 styling chairs and 4 shampoo chairs/sinks. Floor was recently refinished making the space look brand new. You can purchase this business for significantly less than the cost of build-out. $65,000 down payment and Seller Financing for a qualified Buyer.
Sunbelt Listing ID: 54253
Financial Information
- $130,000 Asking Price
- $67,030 Cash Flow
- $487,233 Gross Revenue
- $65,000 Down Payment
- Yes Financing
Business Location
- City: Confidential
- State: Minnesota
Reason for Sale
- Health, Moving Out of State
Detailed information
- Year Established: 2019
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 5
- Part-Time Employees: 3
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Inventory Included: Yes
- Inventory Value: $15,000
- Monthly Rent: N/A
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Building Size: 1400
- FF&E Included?: Yes
- FF&E Value: $25,000
Business Listed by
Sunbelt Business Advisors
Sunbelt of MinneapolisContact Business Broker
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