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Beauty / Barber Salon For Sell
Location Wisconsin,United States
Asking Price Range < $250K
Gross Revenues $185000
Net Profit / Cash Flow $160000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1964
Number of Employees 6 - 9
Inventory 6200
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Yes.
Reason for Sale Relocating.
Description 1658 / 1700 W.Hopkins is the Salon. Lower newly renovated, beauty / Barber shop, 8 chairs,Two shampoo bowls, ADA rest room, Air. Has been in the same location for 45 years, New paved lot for parking. Wheel chair ramp.
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1) This business has been established for forty-five (45) years.
2) Has been in the same location for forty-five (45) years.
3) Comes with five (5) barbers and one (1) beautician, as well as clientele.
4) The land has been excavated and partially paved to provide parking in the rear (will finish pavement and striping as soon as possible.
5) Additional land has been added to the property's lot to accommodate parking. (See Certified Survey Map DCD #2566/Common Council File No. 060758).
6) Back portion of the building is brand new from the foundation up
(only four years old).
7) Building has all new wiring, has new circuit breaker box, outside new electrical riser, new air conditioning and heating system, new ventilation system, and duct work.
8) New plumbing.
9) Exterior has been primed and painted (date completed 8/31/07).
10) Building has passed all city code requirements.
11) Lower level of the barber shop portion has been completely gutted out, new floor, drywall, dropped ceiling, and insulation.
12) New Commercial Windows, windows frames & doors for the Beauty/Barber shop.
13) New catch basin for parking Lott
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