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Lash Studio In Minnesota For Sale

Minnesota, US
Asking Price:
$100,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$102,065
Cash Flow:
On request

Amazing opportunity to take over this new and growing membership-based studio at a fraction of the normal startup cost. This membership-based business (franchise) provides lash extension, facial waxing, and brow enhancement services, with the potential for a new service line to be added in the future. Open for less than two years, this west metro location is primed for continued growth. Beautifully built out and in a busy retail area. The current owner is largely absentee, so a new owner could either continue like that or become more involved to expedite growth. This studio has a licensed salon manager in place with 2 stylists on staff. The asking price of $100,000 includes the start-up/build-out costs of this location, the turn-key business with licensed staff, and a continuation of the annual revenue from the membership-based business. Owner's original location is also available and has been in business for 8 years.

Property Information

Real Estate:

Lease

Lease Terms:

Net
Expires 10/31/2028
5 yrs x2

Leasehold Rent:

$45,432 per annum

Business Operation

Reasons for selling:

Other interests

Trading hours:

M-F: 9a-8p Sa: 9a-7p Su: 9a-5p

Employees:
3

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Negotiable

Furniture / Fixtures value:
$35,000 - included in the asking price
Inventory / Stock value:
$2,000 - included in the asking price