Business For Sale

Modern Salon with Profitable Business Model

Not Disclosed, WI


Asking Price: Annual Revenue:
$229,000 $250,000

Services: Hair, Nails, Spas, Tanning


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RE: Modern Salon with Profitable Business Model Broker: Stephanie Cox

Quick Facts

Asking Price: $229,000
Annual Revenue: $250,000
Net Profit: Not Disclosed
Cash Flow: $90,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1979
Employees: 5
BBN Listing #: 602149155
Broker Reference #: 70041-694626

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Business Overview:

This spacious salon has a sleek contemporary design with polished concrete floors and Belvedere Italian chairs. Services of 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 and paid a percentage of the revenue they generate. This structure allows the stylists to manage their time and their own 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 north west suburb of Milwaukee in a busy retail shopping center. There are eight salon chairs, allowing room for expansion by adding stylists. There is a long-term lease in place with two years left on the current renewal. The owner is currently managing the salon and working as a stylist. He is willing to stay with the business part-time and continue to provide salon services to his clients. This salon would be a very profitable base for a stylist who brings his or her own clients. 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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