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RE:  Absentee Salon Suites With 4 Rented Spaces Contact:  Matt Friscia

Quick Facts

Asking Price: $99,000
Annual Revenue: $34,320
Net Profit: Not Disclosed
Cash Flow: $22,718
Total Debt: Not Disclosed
FF&E: $22,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: Not Disclosed
BBN Listing #: 869962804
Broker Reference #: 041621-506744

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Business Overview:

Absentee Salon Suites with 4 rented spaces -Real Estate Available

Excellent absentee business that is very simple to run while simply being a 'landlord' for the salon suite spaces within this small building. The building is also available for sale via a commercial real estate agent. Excellent small cash flowing business with very little work involved. The owner currently rents one of the spaces, but is happy to stay on for 3-6 months to find another tenant or potentially you are a strategic buyer that is already a stylist? This is a very clean building that looks excellent in DuPage county. Great location and good curb appeal. The owner will even assist with the transition of the tenants. If you know this business or are interested in this category, it's worth a look! No marketing has been done to date for this particular location. Call today to inquire within!

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Property Features and Assets:

FF&E Overview: Salon and Beauty equipment - chairs, mirrors, waiting room items, shampoo stations, washer/dryer, etc. FF&E General Condition: Great!

Market Competition and Expansion:

Almost unlimited if you know the salon business and think the rents should be higher, but currently the tenants have been there for many years. There has been zero marketing to date so any marketing would help to rent the spaces and the current owner's space would be available to rent at a higher rate.

Reason for Selling:


Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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