Well Established Hair Salon
Location Illinois,United States
Asking Price Range < $250K
Gross Revenues $259872
Net Profit / Cash Flow $63892
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1983
Number of Employees 6 - 9
Inventory $43000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Owner will train the buyer for 4 weeks at no cost.
Reason for Sale Retirement.
Description This listing is for a long-established hair salon in the upscale, northeast Chicago suburbs that is available to a qualified buyer and approved for a SBA loan. This business has been a profitable fixture in the community for over 20 years with a great reputation in their marketplace. The business specializes in hair styling, cutting, coloring and more with quality, name-brand retail products sold as well. They have a large base of loyal customers providing great word-of-mouth. The business offers a buyer a turnkey salon with skilled stylists and a $40,000-$60,000 base owners income. This salon also has growth potential as well. There is room to add additional spa services that could increase traffic and revenues if a buyer were so inclined. Approximately $23,000 in assets are to be transferred with the business as well. They're in a good location with visibility (located three miles from River's Casino) and they're usually booked with plenty of appointments. If you would like more information about this salon, or if you would like to schedule a site visit, please contact the owner either by phone (770-886-5100)or by email. Asking price $189,000
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