SOLD! New Lower Price! Beautiful well-established professional hair salon.

tzoo.p.local.49342.josephsalon[1]

TYPE OF BUSINESS: This beautiful well-established professional hair salon has been successful for over 24 years! They offer complete Hair Services and related services including waxing, tanning, nails and retail products with numerous packages under each service. The owner offers a web-site for their client’s to review the services and products provided. New software is in place with support and the ability to monitor the existing inventory. Owner looking to stay on part-time to maintain her loyal customers. Hours are Tuesday – Thursday 9:00a.m. to 8:00p.m., Friday 9:00a.m. – 5:00p.m., Saturday 8:00 a.m. to 4:00 p.m., Sunday and Monday closed.

Potential increase in profits by opening later on Friday and Saturday, open on Sunday and Monday.

 

 

FACILITY: The owner operates the business from a 1,500 square foot facility. The lease payment is $2,308 (includes CAM) per month. The owner has designed the space to create a soft and quiet setting for the clients.

 

EMPLOYEES: The business operates with 1 full-time and 4 part-time employees. All personnel are paid employees and do not rent stations.

 

GROSS SALES: 2014 – $143,275; 2013 – $141,251; 2012 – $147,862; Cash Flow in 2014 was $37,350.  The seller manages the business and makes an additional income from styling hair.

 

SALES PRICE: The seller is asking $26,000 for the business which includes $17,500 in equipment and $1,000 in inventory.

 

REASON FOR SALE: Retire, spend more time with family.

 

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Bill Kraemer

About Bill Kraemer

Bill Kraemer brings a unique skill set to the business broker arena. As a former business owner himself, Bill understands what it takes to develop, build and successfully sell a business for maximum value. He has the unparalleled ability to indentify individual strengths and align buyers with the proper businesses. His passion, experience and honest approach give him the ability to relate to business owners and their enterprises. Bill has over 20 years experience in the Minneapolis/St. Paul marketplace and has established a reputation as a trusted business advisor to clients and businesses alike. He specializes in buy/sell transactions spanning across manufacturing, distribution, franchises and service industries. Bill lives in Apple Valley with his wife of 20 years, Susan and their two children – Lauren and Nick. Bill loves spending time with family and friends and is an avid outdoorsman.

Contact the listing agent to learn more.