Hair Salon For Sale - Located in Busy Shopping Center
Location Illinois,United States
Asking Price Range < $250K
Gross Revenues $70000
Net Profit / Cash Flow $70000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2000
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Health-related reasons
Description Hair Salon and Spa For Sale. Location: 63rd and Cass Avenue in Westmont, Illinois.
This salon is located in a busy and active shopping center, alongside a tanning salon, large grocery store (Westbrook Market), a physical therapy center, and many other businesses. Having been in business for four years, we have a large pool of regular clients and are constantly building our business with new walk-ins and referrals. Unfortunately, the current owners are looking to sell due to health-related reasons that keep them from being able to commit to working full-time. However, we look forward to continuing our growth under new ownership.
The salon looks and works like brand new (it was only constructed four years ago). It has four work stations, a shampoo area with 2 bowls, a manicure station, a make-up station, a large retail area, one chair dryer, a large waiting area, a spa room for facials, waxing, etc, a bathroom, a private breakroom/color room/laundry room, and a coffee / tea area. It also has large windows that make up the front entrance of the salon, bringing in lots of light and encouraging patrons to see inside and come in.
We currently have three stylists working at this location (two of which are the owners). The owners / stylists are interested in selling the salon and then working part-time or full-time for the new owner, depending on the needs and interests of the owner.
Asking Price is $55,000.
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