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Business For Sale

Upscale Hair Salon

Twin Cities, MN, USA

Services: Hair, Nails, Spas, Tanning

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$140,000
$262,770
Not Disclosed
$98,711
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1989
4
24455599
Owner Financing is Available

Business for Sale Overview:

For more information about this listing please call Rich Kelm at 651-288-1625. This large, upscale full service hair salon has the right ingredients for success. Located in an upscale neighborhood and busy downtown suburban area, the business has remained in the same location for 17 years. The owners rent chairs to the stylists on a part-time or full-time schedule, providing consistent revenue to the salon. The stylists are independent contractors, allowing each to work on and grow their own customer base. There are 16 stylists that rent chairs within the salon and a lot of the stylists have been at the salon for over 15 years. The salon carries quality product lines that provide good profit margins. The business was remodeled a few years ago including the new chairs and redesigned lobby. This salon offers some terrific options for a new owner. An owner-operator can bring in their clientele or a manager choosing not to cut hair can concentrate on increasing customers and stylists. The current owners want to rent chairs from the new owner and the above cash flow includes that rent. This is a turn-key business. and a great opportunity for someone to own their own salon. The owner will finance a qualified buyer. This business for sale is presented by Sunbelt Business Brokers - Midwest. Offices in Minnesota, Wisconsin and Illinois. We help people buy and sell businesses!

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

needs more time

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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