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Business For Sale
SALON FOR SALE IN CHICAGO
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Asking Price: |
$375,000
USD USA Dollars
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Business for Sale Industry: |
Services: Hair, Nails, Spas, Tanning
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Reason for Selling:
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Having her first child and starting a
family. |
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Year Established:
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1998 |
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# of Employees:
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13 |
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Yearly Cash Flow:
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$200,000 |
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Yearly Gross Income:
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$540,000 |
Business for Sale Overview:
This is one of the rare beauty salons for sale in Chicago with plenty of
free parking. This is the hottest area of development currently in the
city and it is exploding with growth from residential to retail to
commercial. Most of the major national retail businesses of all kinds
have recently opened in the immediate area around this salon location.
The business is perfectly located in Chicago and surrounded by every
major expressway that comes through or ends downtown. The access
to this location could not be better and from almost anywhere in the
city via all major routes as well as the expressway system. The space
itself is very classy and in a location with plenty of free parking. This
business is currently operating as a full service upscale salon which
specializes in women's and men's full body care which includes hair
styling, haircutting, all color services, full body waxing, spray tanning,
manicures, pedicures, facials and personal massage services. In
addition to using top quality products in all of their services, this
salon/spa also provides a full range of top quality hair, skin and nail
care products that you can purchase to take home. You must go to this
salon/spa and pamper yourself to fully appreciate the range of services
and the high level of top quality personal care. The growth potential is
unmatched and sales could easily double with an active owner or
operator.
Property Features and Assets:
The Base Rent is approximately $5,835.25 per month for 2,550 square
feet which is great considering the almost unlimited free parking & very
heavy foot traffic at this location.
Market Competition and Expansion:
Almost no other salon or spa in Chicago has this much free parking and
certainly not this close to the downtown/loop area.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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