MergerPlace

Turn Key Franchise Salon

Minnesota (Olmsted)


  • Asking Price: $30,000
  • Gross Income: $224,322
  • 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

Franchise salon that provide service and product sales operating in Rochester, MN. This is a turn key operation that needs management to make the difference. The salon is located in a high-traffic shopping district.


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: $224,322
FF&E: $30,000
Seller Financing Available: Yes

Property Information

Facilities:

Leased facility with a modern build out. The facility is available with a long-term lease.

Growth & expansion opportunities:

First time traffic to the salon is very good. Proper management should increase sales and help generate repeat business.

Competition:

Located in a growing metropolitan area, this salon has a great location 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