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Business For Sale

Large Well Known Eclectic Salon in NW Suburbs

Confidential, IL

Services: Hair, Nails, Spas, Tanning

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$247,000
$704,000
Not Disclosed
$54,500
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1980
18
771614510

Business Overview:

This isn't your local neighborhood hair salon...it's a large, beautifully laid out and well known operation with a database with over 14,000 clients and a greater than 85% new client retention rate. Serving the area for many years but always presenting the latest in style, technology and decor, the business has become a destination salon. The location is a WI-Fi hot spot and clients enjoy bringing their laptops and I-Phones to catch up with work or shopping while having their hair done. The salon along with its highly skilled loyal employees enjoys a great reputation and draws an upscale clientele. This is a full service operation that caters to both men and women. The owner's responsibilities are limited to management, thus the cash flow shown is not dependent on any styling skills. Facilities: This is a large (2,200 sq.ft.), very well known salon in an affluent section of Lake County. It is constantly updated, presenting an upscale, uptown, cosmopolitan atmosphere. The salon is easily accessible and highly visible from one of the most heavily traveled thoroughfares in the NW suburbs. The base rent is very competitive at less than $25/ft Competition: There are very few salons that grow to the size of this operation. Could it be the location? The personnel? The marketing? The retail product lines? The services? The ambience? Or is it all of these? Contact us for a "Buyer Kit" and we'll send you a detailed description so you can decide for yourself! Growth and Expansion: The scale of this operation speaks for itself! The large book of business, a high customer retention rate and the available space could be used to deliver added day spa services. Support/Training: The purchase price includes 1 week of on-site training & assistance and up to 3 weeks of consultation Seller would consider limited financing of a qualified buyer

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:

Retirement

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.