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- RE: Price Almost Equals The Assets PLUS-Get A Business
- Contact: Darrel Damhof
Quick Facts
Asking Price: | $45,000 | |
Annual Revenue: | $147,302 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $6,661 | |
Total Debt: | Not Disclosed | |
FF&E: | $21,546 | |
Real Estate: | Not Disclosed | |
Year Established: | 2004 | |
Employees: | 1 | |
BBN Listing #: | 940675 | |
Broker Reference #: | 5101-18265 |
Business Overview:
This business is priced very competitively as the sale's price almost equals the assets that are part of the sale. This salon has been open over 20 years and has many longer term customer clients. It is located convenient to lots of shopping with plenty of parking spots. The salon currently has 15 stylist renters but has 25 chairs and 8 hair washing stations. This allows for a significant growth opportunity.
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Property Features and Assets:
The salon leases 2,462 square feet in a large stripe center surrounded by other large stripe centers and a number big box stores. This all is located conveniently just off a Minnesota highway. The salon is in good repair and has good space for both the stylists and the waiting area. In addition, there is plenty of parking spaces for the salon's clients as well as the other businesses within the stripe center.
Assets = $34,524
Market Competition and Expansion:
Obviously, there are other salons in the surrounding area.
With only 15 stylists currently, but 25 stations, there is great opportunity for growth, not counting stylists sharing a station during different hours. There is more than ample parking for the clients.
Reason for Selling:
No longer wishes the responsibility of salon ownership.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Minnesota businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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