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FULL SERVICE HAIR SALON

Seller: Attn: Rick Elliot
Location: Twin Cities/ St. Paul/ Minneapolis, MN, USA
Listing Number: "3-855"


Asking Price: $170,000 USD USA Dollars
Industry: Retail: Health, Beauty, Nutrition
Reason for Selling: Health
Year Established: 2004
Number of Employees: 10
Yearly Cash Flow: $49,428
Yearly EBITDA: $NA
Yearly Gross Income: $NA

Overview of the Business:

Own a well appointed full service hair salon featuring 12 stylist stations, dispensary, break room and office. The salon could be easily reconfigured to add multi-purpose rooms if desired. The business is easily accessed from all directions due to its excellent location on a major highway and is centered in a highly utilized shopping center with major tenants such as; Target Superstore, Best Buy, Walgreens and Famous Footwear. Major restaurants such as Lee Ann Chin, Chili’s, Majors and Michellos all impact the traffic patterns around the salon. Despite the economy this salon has seen revenues and sellers discretionary income increase each of the past two years and is on track to have its best year ever. The hair care industry has been dubbed “recession-resistant”. Hair care has been proven to be quite consistent in both good and bad economic times, mitigating a risk that many business owners in other industries face.


Additional Details:


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