5 Star Google Rated Beauty Salon for Sale

Business
  • Listing# : 18579
  • Listed Price : $150,000
  • Total Sales : $536,986
  • SIC : 7231
  • Down Payment : $150,000
  • Status : Active
  • Discretionary Earnings : $31,850

Business Type :

Beauty/Personal Care / Hair Salon

Business Description :

For over 3 decades, this trendy modern salon has established an excellent reputation of style and industry expertise. It recently moved to a trendy Minneapolis neighborhood and its new location is very light and airy with lots of free parking for their clients. Over $60,000 was spent on leasehold improvements and new furnishings. Post move, several stylists left but new stylists are being added, both as renters and employees. The opportunity for growth is excellent with the 14 styling stations, 4 wash stations, and the private spa room. In 2023, the salon averaged 174 new clients per month which added to the extensive client list with email addresses.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $45,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $47,723
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $23,861
    • Incl : Yes
    • Total Assets $116,584
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Beauty/Personal Care