Hair Salon For Sale - Twin Cities, Minnesota, MN

PROFILE: Located In An Upscale Neighborhood And Busy Downtown Suburban Area For 17Yrs.

AD/LISTING INFORMATION
Status: Available
State: Minnesota
Location: Twin Cities
County: None Given
City: None Given
Primary Category: Service Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  131299
Seller Or Contact:  Rich Kelm
Primary Phone:  651-484-2677
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  8/27/08
Date Ad Last Revised:   9/16/08

FINANCIAL INFORMATION
Asking Price: $235,000
Down Payment: $36150
Annual Revenue: $313,758
Annual Adjusted Net: $134,558
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: No

DESCRIPTION: For More Information About This Listing Please Call Rich Kelm At 651-484-2677. 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 Grown Their Own Customer Base. There Are 18 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.

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