MergerPlace

2 Turn Key Franchise Salons

Minnesota (Olmsted)


  • Asking Price: $30,000
  • Gross Income: $364,653
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $30,000
  • Listing ID: #197990
  • Established: 2006
  • Employees: 10 FT/ 1 PT

Business Description

2 franchise salons that combine service and product sales operating in Rochester, MN. Turn-key operations that need management to make the difference.


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: Minnesota
County: Olmsted

Company Information

Year Established: 2006
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 10 FT/ 1 PT

Financial Information

Asking Price: $30,000
Gross Revenue: $364,653
FF&E: $30,000
Seller Financing Available: Yes

Property Information

Facilities:

Leased facilities with modern build outs. The facilities are both available with long-term leases.

Growth & expansion opportunities:

First time traffic to the salons are good. Proper management should increase sales and help generate repeat business.

Competition:

Located in a growing metropolitan area, these salons have good locations to capitalize on the growth of the community.

Reason for selling:

Local manager needed.

Support & Training:

Will train for 2 weeks @ no cost. Full service hair salon with related product sales.

Contact Business Seller

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Business Listed By:

Jacob Peterson

Murphy Business Brokers