Hair Salon for SaleChicago, Illinois

Chicago, Illinois Business For sale

Property Features

Property TypeBusiness For sale Year Built-
SQFT- Tenancy-
Building ClassA Zoning-

Details

  • Proparty Sub CategorieBeauty and Personal Care
  • Asking Price120000
  • Cash FlowN/A
  • Gross Revenue406000 sqft
  • EBITDAN/A
  • FF&E75000
  • InventoryNot included in asking price
  • Rent$4,150 /Month
  • Established2010
  • LocationChicago, IL
  • Real EstateLeased
  • Building SF2400
  • Employees6
  • Facilities2400 Sq feet. 6 Styling stations. 3 Shampoo stations. Basement is built out with a kitchen, bathroom, and break area, lots of additional space.
  • Growth & ExpansionThere are plenty of areas of opportunity to continue growing and improving the business. One is increased hours of operation. Currently, the salon is closed on Sundays and Mondays, opening an additional day or two is an opportunity.
  • Reason for SellingRetirement

Description

This Salon opened for business in 2010 in a north-side neighborhood ofChicago, providing menís cuts, womenís hair styling, coloring, straightening andother related treatments.Sales have grown nearly 40% since 2016 and has benefited from itís prominentlocation in the north side neighborhood, which has undergone much revitalization and development in recent years, introducing neighbors like Starbucks and Target.The salonís website ranks well in internet search engines and is set up for online booking. The business has some great online presence and reviews on Google, Yelp, and social media sites.

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