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Business For Sale

Just Reduced! Full Service Family Salon

Confidential, IL

Services: Hair, Nails, Spas, Tanning

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$68,000
$235,000
Not Disclosed
$50000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1994
14
432807
Owner Financing is Available!

Business Overview:

Owner must sell due to health issues and is willing to stay on as a commissioned stylist! Seller is looking to spend more time with family and have less responsibility. This is an ideal situation for either someone experienced in the industry or for anyone with management experience who wishes to learn this fun and lucrative business. The salon has built up a loyal clientele over the last 10 plus years. They are located in the western suburbs west of 355 and north of North Ave in a high traffic strip mall with plenty of parking. The build out is spacious at 2000 square feet with more than 10 stations, one of which is specifically for men, nail services and private rooms for spa services as well. Rent is reasonable. There are a total of 8 stylists, 1 barber, a massage therapist, a make up artist, a nail tech and 3 assistants employed here and many are under contract to stay. Most salons do not have this kind of loyalty. Also, two of the back rooms are wired and ready for tanning beds. This is a great opportunity for an addition of services. This business is priced right! Owner will consider a small amount of seller financing. Make sure that you see this before it is too late. Contact the listing broker, Elaine Bonney, at 847-605-1510 x236 or email elaineb@sunbeltnetwork.com

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Health problems (in family).

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist 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.

Resources:

 

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