Hair And Beauty Salon And Spa With Real Estate

Business Overview:

A salon and spa between Madison and Milwaukee that offers a wide range of services catering to the needs of its sophisticated clientele. The staff (all W-2 Employees) is excellent and are trained to provide personalized attention, ensuring that each guest feels valued and pampered throughout their visit. 

The owner spends about 25 hours a week with clients and then spends about 15hours a week on administrative tasks and employee relations. 

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Property Features and Assets:

The facility was built in 2005.  The owner had run a salon for about 10 years prior to opening this location.  She had the facility designed to accommodate her clients and staff comfortably. The location was updated in 2019.  During the COVID pandemic they also installed a high-end air scrubbing system.  She has extensive cleaning and organization protocols in place to keep the facility looking like new.  

The parking lot was repaved in 2022.  There are no pending repairs or updates needed to the building.

The facility is 5,144 SF, and sits on approximately .79 acres. The owner pays rent to a real estate company she owns. The rent paid in 2023 was $81,200.  This was added back to the Sellers Discretionary Earnings.

Assets = $1,087,945

Market Competition and Expansion:

The business is only open 38 hours a week.  With recruiting and possibly adding some stylists that lease chairs (a hybrid model) and adding other services (microderm abrasion and aesthetic services).

Reason for Selling:

Owner would like to scale back her hours.

Additional Details:

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