https://murphybusiness.com/minneappolis

Winona County Franchise Hair Salon- Discounted Price

Business Type: Beauty/Personal Care / Hair Salon, Beauty/Personal Care / Barber Shop, Beauty/Personal Care / Beauty Supply House

Listing# : 18811
Listed Price : $80,000
Total Sales : $585,542

SIC : 7231
Down Payment : $8,000

Status : Closed
Discretionary Earnings : $55,075

Business Type

Beauty/Personal Care / Hair Salon, Beauty/Personal Care / Barber Shop, Beauty/Personal Care / Beauty Supply House

Business Description

For sale is a Winona County franchise hair salon. The seller has elected to list this business below the appraised value and with 10% seller financing offered (for well qualified buyer) to help effectuate a quick sale and facilitate their retirement. By offering high quality customer care and a broad range of services to meet a diverse demographic group, this business has been successful for two decades and is well established in its community with consistent sales and profitability.
The company is fully staffed with day-to-day management in place. The seller spends approximately 12 hours per week working in the business with duties including: overseeing scheduling, ordering product, money management, and payroll processing. Operations are conducted out of a leased space in a high traffic area. The current space is adequate for current operations and has capacity to add additional technicians. The landlord is open to long-term lease options for the next owner.
Don't miss out on this opportunity to take over a well established and consistently profitable business that has the backing and processes of a franchise to ensure continued success well into the future.

Assets / Liabilities

Accounts Receivable: $0
Incl:
Real Estate: $0
Incl:

Inventory: $20,000
Incl: Yes
Liabilities: $7,500
Incl: Yes

FF&E: $10,000
Incl: Yes
Other: $0
Incl:

Leasehold: $10,000
Incl: Yes
Total Assets: $40,000
Incl: Yes

Get More Information

For inquiries or to get in touch with us directly, please feel free to reach out via the provided phone number or complete the form below. We’re here to assist you in any way we can, making your business exploration as seamless as possible.

(612) 448-2997