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Business For Sale

BEAUTY SALON FOR SALE, PART SELLER FINANCING

Attn: Dennis or Tony
Chicago , IL, USA
Listing Number: "071308"
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Asking Price: $439,000 USD USA Dollars
Business for Sale Industry: Services: Hair, Nails, Spas, Tanning  
Reason for Selling: Having her first child and starting a family.
Year Established: 1998
# of Employees: 13
Yearly Cash Flow: $200,000
Yearly Gross Income: $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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