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Minnesota
51-Year Award-Winning Beauty Salon in MSP Metro
Asking Price
$90,000
Revenue
Call/Email
Down
$81,000
Cash Flow
Call/Email
Name: Andrew Emberson
Name
Andrew Emberson
Description
There is real room to grow this business, and most of it is just waiting to be picked up. The salon has built its entire client base through word-of-mouth with very little active marketing, meaning a focused digital and social media strategy could bring in meaningful new business without much heavy lifting. The existing referral card program is already working and could easily be expanded into a broader loyalty initiative. There may also be opportunity to add additional booth renters within the current footprint, bringing in more rental income at virtually no added cost. And with the lease currently month-to-month, a new owner has full flexibility to negotiate long-term terms or explore a new location if the right opportunity presents itself.
https://tworld.com/locations/Minnesota/northstar/listings/51-Year-Award-Winning-Beauty-Salon-in-MSP-Metro
Business Details
Employees:
5
Reason for sale:
Retirement
Lease & Tenant Information
Lease Options:
$1,860
Other Information
Listing Number:
17441-998601
Sales:
$181,699
Inventory:
$3,048
Posting Information
Posting ID:
ID tw:88880 / Listing Number 17441-998601
Business Category:
Beauty/Personal Care
Keywords:
Transworld
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Posting Title
51-Year Award-Winning Beauty Salon in MSP Metro
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*88880
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