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Modern Hair Salon For Sale With Seller Financing Option For Sale

Minnesota, US
Asking Price:
$130,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$487,233
Cash Flow:
$67,030

Amazing opportunity for hairstylists and/or business investors to own a thriving, turnkey salon business. Current cashflow is over $67,000 which does not include the owner/stylist income. Business operations systems and documents are all well established, making it an easy ownership transition. Cashflow could quickly be increased by bringing your own clients or adding new employees or renters to unoccupied chairs. New build out in 2019 (with little usage during COVID), equipment and stations are in great condition. Located just west of downtown Minneapolis in a trendy, safe retail area, nestled among other popular restaurants and boutique shops. Free parking ramp. Very open space with 12 styling chairs and 4 shampoo chairs/sinks. Floor was recently refinished making the space look brand new. You can purchase this business for significantly less than the cost of build-out. $65,000 down payment and Seller Financing for a qualified Buyer.
Sunbelt Listing ID: 54253

Real Estate Available: No
Real Estate Included: No

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No

Property Information

Size in square feet:
1,400

Business Operation

Reasons for selling:

Health, Moving Out of State

Employees:
Full Time: 5, Part Time: 3
Years established:
5

Other Information

Financing available:

Downpayment Required: $65,000.00
Financing is available

Furniture / Fixtures value:
$25,000 - included in the asking price
Inventory / Stock value:
$15,000 - included in the asking price