0 Confidential/Undisclosed AddressMinneapolis, MN 55487

For Sale
$975,000

Thriving beauty school; high revenue.

Overview

Added:
Dec 11, 2024
Days on market:
92
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

Location Insight

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

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Confidential/Undisclosed Address
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message