East Metro Twin Cities Salon

MN

East Metro Twin Cities Salon
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Asking Price: $104,000

Cash Flow: $50,135

Gross Revenue: N/A

EBITDA: N/A

FF&E: $30,000

Inventory: $27,000

Rent: $5,000 /Month

Established: 2000

East Metro Twin Cities Salon

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Business Description

East Metro Aveda Salon - $104000 (East Metro)

A rare opportunity to own an AVEDA concept salon is now available in the eastern metro of the Twin Cities. This business has been in the same location for the past 20 years. The current owner has increased sales in 9 of the last 10 years, and 2018 was their best year yet. The salon adheres to the mission and proven standards set forth by AVEDA. The current owner has expanded/remodeled the salon space twice to better accommodate their growing customer base. While this salon and the Aveda brand specialize in hair care, they have continuously looked to branch out into other key areas to maximize and encapsulate everything that a customer needs to soothe their tensions and recharge their ambitions including massage, facials and waxing.

As the new owner, you would be walking into a business that already boasts an outstanding culture, steady cash flow, and a foundation built upon teamwork and continuing education to provide the highest quality services and care to every customer. The ideal owner will be someone that has the motivation and ambition to build upon this proven foundation, while bringing their own flair to this growing market to cultivate a larger customer base and continue to leverage the AVEDA brand and the salon name, which is well regarded in the community and in their on-line presence. Sale comes complete with modern fixtures and a fully stocked retail and back-bar area INCLUDED.

Owner/manager cash flow exceeded $50k in 2018. Family issues mandate the sale. Don’t hesitate to inquire about this business. Not only will you be stepping into a turnkey business, you’ll be handed a heavily trusted brand and salon name in the community that has cultivated tremendous business. Inquire today if you’re interested in further growing this opportunity.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
1/14/2022
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
$30,000
Growth & Expansion:
Treatment rooms perfect for Med Spa activities.
Support & Training:
Owner will be open to the needs of the buyer
Reason for Selling:
Other Business Interest
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Business Listed By:
Terrance Kelm

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