For Sale
$975,000

Confidential/Undisclosed Address Minneapolis, MN 55487

Thriving beauty school; high revenue.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional opportunity presents a chance to acquire a highly profitable and state-of-the-art beauty academy located in Minneapolis, Minnesota (zip code 55487). The business boasts impressive financial performance, generating a gross revenue of $1,100,363 and a Seller's Discretionary Earnings (SDE) of $194,852. The asking price is $975,000, with seller financing available at 10% ($97,500). The academy offers a comprehensive curriculum in various beauty disciplines, including Permanent Makeup, Microblading, Eyelash Extensions, Plasma Treatment, Laser Treatment, Esthetics, and Advanced Esthetic techniques. It's licensed by both the Minnesota Office of Higher Education and the Board of Cosmetology, ensuring compliance and credibility. The business includes substantial fixtures, furniture, and equipment (FF&E) valued at $197,100, along with $35,000 in inventory. The current owner dedicates 40 hours per week to the operation and is selling due to other interests. A non-compete agreement is in place for 100 miles for one year, providing protection for the buyer. Four weeks of support and training are offered to ensure a smooth transition. This is a turnkey operation with a proven track record of success, thousands of students, and hundreds of five-star ratings, making it an ideal investment for an entrepreneur seeking a thriving business in the beauty industry.

Highlights

  • Asking Price: $975,000
  • Gross Revenue: $1,100,363
  • Seller Discretionary Earnings (SDE): $194,852
  • Seller Financing Available: 10% ($97,500)
  • Business Category: Beauty/Personal Care, located in Minneapolis, MN (55487)
  • Fixtures, Furniture & Equipment (FF&E): $197,100

Property Details for 0 Confidential/Undisclosed Address

Property type
Commercial real estate

Location Insight

City
Minneapolis
County
Ramsey
State
Minnesota
Latitude
44.9764511
Longitude
-93.266325
Confidential/Undisclosed Address, Minneapolis, Minnesota

FAQs

What type of property is this?
Commercial real estate - Thriving beauty school; high revenue.
Where is the commercial real estate located?
The property is located at Confidential/Undisclosed Address Minneapolis, MN.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Asking Price: $975,000; Gross Revenue: $1,100,363; Seller Discretionary Earnings (SDE): $194,852
How can I contact the broker?
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0 Confidential/Undisclosed Address
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