Successful Hair Salon in Suburban Milwaukee

Not Disclosed, WI
Washington County


Asking Price: Annual Revenue:
$149,000 $260,000

Services: Hair, Nails, Spas, Tanning


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RE: Successful Hair Salon in Suburban Milwaukee Broker: Stephanie Cox

Quick Facts

Asking Price: $149,000
Annual Revenue: $260,000
Net Profit: Not Disclosed
Cash Flow: $77,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1979
Employees: 5
BBN Listing #: 77349155
Broker Reference #: 70041-694626

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Business Overview:

This profitable salon moved to its current location almost ten years ago and has a loyal clientele and consistent base of revenue. Services provided by the salon include hair cutting, color, styling and special occasion styling, as well as manicures and pedicures. The salon has a staff of five including the owner, and all are contract employees who are paid a percentage of the revenue they generate. This structure allows the stylists to manage their time and their clients, while keeping administrative costs at a minimum. There is also a profitable retail business for products and accessories. The salon is located in a growing northwest suburb of Milwaukee in a busy retail shopping center. There are eight salon chairs, allowing room for expansion in the current space by adding stylists. The owner is currently managing the salon and working part time as a stylist. The owner is willing to stay and work part time to provide salon services to his current clients. This salon would provide a profitable base of business for a stylist/owner or It could also be run profitably by a general business owner who plans to manage the salon part time.

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Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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