Established Full-Service Salon & Spa in Minnesota with Significant Growth Potential

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Financial Details

Asking Price:
$305,000
Annual Revenue:
$759,796
Cash Flow / SDE:
$142,354
Profit Metric:
Cash Flow
Valuation Multiple:
2.1x
Location:
MN, US
Source:
Date:
November 05, 2025

Key Highlights

Strong recent growth: 5 new stylists added, projecting $28k-$30k/month revenue increase.
Established reputation: Highly Google rated, 4+ decades in operation at the same location.
Significant expansion potential: Room to more than double the number of hair stylists.

Description

This is an outstanding opportunity to acquire a highly Google-rated, full-service salon and spa established in 1984, located in a growing area of Minnesota. The business specializes in hair care, nail care, skin care, and massages, operating out of a recently remodeled 2,613 sq ft leased facility. The listing highlights immediate upside, noting the recent addition of 5 experienced stylists who are expected to bring substantial client bases, projecting an immediate revenue increase of $28,000 to $30,000 per month. The facility is well-equipped with 14 stylist stations and additional spa amenities. Crucially, there is physical room to more than double the current number of stylists, offering significant untapped growth potential alongside local population expansion. The asking price of $305,000 includes $45,000 in FFE and $27,000 in inventory, based on a reported Cash Flow of $142,354 against Gross Revenue of $759,796. The owner is selling to pursue retirement.

Industry Information

Industry Description:
Full service salon and spa provides hair care, nail care, skin care, and massages.
Classification:
Beauty & Personal Care

Operational Snapshot

Year Established:
1984
Employees:
17
Reason for Selling:
Retirement

Real Estate & Lease

Status:
Not_included

Assets & Inventory

FF&E Value:
$45,000 USD
Includes FF&E:
Yes
Inventory Value:
$27,000 USD
Includes Inventory:
Yes

Broker Contact

Name:
Evelyn Correa
Company:
Murphy Business & Financial Services
Phone:
727-725-7090

Listing Details

Listing ID:
d8749f24-24ae-4986-b1ba-5a2ef8234666
Source Listing ID:
313424
Deal Status:
For Sale
Last Updated:
November 05, 2025
Currency:
USD

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified
Tags & Categories
Salon Spa Hair Care Nail Care Minnesota