Profitable Beauty Bus. - Predictable Incomes

Minneapolis, MN
Hennepin County

Asking Price: Annual Revenue:
$1,550,000 $3,800,000

Services: Hair, Nails, Spas, Tanning

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RE: Profitable Beauty Bus. - Predictable Incomes Broker: Mike C.

Quick Facts

Asking Price: $1,550,000
Annual Revenue: $3,800,000
Net Profit: Not Disclosed
Cash Flow: $388,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 60
BBN Listing #: 37533431
Broker Reference #: mc140

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Business Overview:

A national brand in the beauty industry with 100+ locations throughout the US is selling six corporate stores in MN & WI to convert them to franchise ownership. The beauty industry is an $80 billion per year industry and is growing exponentially. The segment that this business occupies is approximately $17 billion annually and growing. The business can be run semi-absentee, through a full-time General Manager who is already in place. The business is well-established, profitable, and staffed; and the locations have been around for years. It is a well-known and trusted brand that is backed by a global leader in franchising with Headquarters in MN. The buyer of this business will be required to invest in future growth and agree to a minimum of three additional locations to continue growing the brand in the MN market.
Qualified candidates must have a minimum net worth of $3 million with $500K liquidity, excellent credit, and the ability to secure the necessary financing.
Other Business Highlights Include:
- Recurring revenue streams of business.
- Opportunity to scale beyond the 6 locations.
- Could be run Semi-Passively.
- No industry experience needed - Full training and ongoing corporate support included.
Contact Mike for detailed information about this business.

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Property Features and Assets:

Great location, contact for detailed information about this business.

Market Competition and Expansion:

Popular name in the industry. High demand allows for long-term growth of this business.

Reason for Selling:

Contact for this information.

Additional Details:

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

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