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Well- Known in its area Beauty Salon and Spa

Milwaukee County, Wisconsin (Milwaukee County)

Services - Beauty & Barber Shops | Services - Other Personal Services

$Seller Financing Available

Asking Price $150,000 Inventory  
Gross Income $497,946 Real Estate $400,000** 
Cash Flow $123,809 Year Established 1981
FF&E $120,805* Employees 9ft, 4pt

* included in the asking price

** not included in the asking price

Must act now: Established business in recognized community. Magnificant salon and spa now available due to retirement. This salon has been in existence for 28 years. It offers all levels of services for young and old for all types of people. This salon offers a complete range of hair and beauty services to fit your everyone s needs. The staff is very in tune with each customer, focusing on both the image and the inside of an individual. Some clients have been with this salon for 30 years. The current owner is an educator and attends a variety of seminars and training classes, as she passes her knowledge on to her staff. They focus on individualized care and offer the highest quality service and products. Real Estate is not part of this offering, but is offered as a seperate transaction. The owner is willing to negotiate a package deal if one would like to purchase the business and the building. The building has 6 apartment units up above the business, which are fully rented on a month to month basis. This is an excellent means of additional income. The stylists have been very committed to the business and have all been long term employees. This is wonderful opportunity for the right person to start their own salon and spa. If a buyer buys the building then add-back rent of $41,605.89 for a total SDE of $123,809. WE'RE HIRING: SEEKING EXPERIENCED BUSINESS PROFESSONALS TO JOIN OUR VR SALES TEAM AS A BUSINESS INTERMEDIARY. PLEASE CALL: 262-347-2083.

Facilities: This business is located in a 2 story brick building with a basement. The business is run on the first floor in roughly 4000 square feet. She has been able to generate additional income by providing rental areas for nails and skin services. The upstairs has 6 2-Bedroom Apartments. Building is being offered in a seperate transaction and owner is willing to negotiate a package deal for the business and real estate.

Competition: This is such an exceptional salon. The seller is known nationally and internationally. Owner is hands on and encourages education to stay in tune with changing trends.

Growth/Expansion: Owner currently runs a distributorship for hair products in the building, that is not part of the business. A new owner can establish a similar type of entity. With the reputation of building inner and outer beauty, there should be no problem maintaining and growing the business.

Seller Financing Available: Yes

Financing: Very open to owner financing for a strong buyer

Support/Training: Owners is more than willing to help a new owner succeed! Willing to provide training

Reason Selling: Retirement

Business For Sale By

Tim Bullard

262-347-2083

VR Business Brokers

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