Well-Established, High-End Salon with Strong Customer Base in SW Metro Area – Real Estate Included 3-2593

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Beauty and Personal Care Businesses 

High-quality salon possesses a strong customer base located a high traffic area specializing in haircuts, color/highlights, treatments, and waxing. The company possesses a vibrant atmosphere and culture with 2 of the managers being on board for 23+ years. With such high demand, the salon cannot take walk-ins and could easily hire 2-3 more stylists leading to multiple avenues to expand the business. The current owner plans on staying with the business with her overflowing customer base but wants fresh eyes and ideas to come in.

Financial Information

  • $449,131 Asking Price
  • $91,505 Cash Flow
  • $449,131 Gross Revenue
  • $51,700 Down Payment

Business Location

  • City: Confidential
  • State: Minnesota

Reason for Sale

  • Need for fresh pair of eyes and ideas

Detailed information

  • Year Established: 1994
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: Yes
  • Full-Time Employees: 4
  • Part-Time Employees: 3
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: $5,000
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $310,000
  • Building Size: 1300
  • FF&E Included?: No
Business Listed by
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Sunbelt Business Advisors
Sunbelt of Minneapolis
Email Sunbelt
Show Phone Number
Listing ID
MINNEMN003-51971

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