Hair Salon in Hoffman Estates

Hoffman Estates, IL (Cook County)

Hair Salon in Hoffman Estates

Asking Price:$1,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$5,000

Inventory:N/A

Established:1985

Hair Salon in Hoffman Estates

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Business Description

Established hair and nail salon which has a 30 year history in this location.

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Established hair and nail salon located in Barrington Square Mall Shopping Center on busy Higgins Road. Busy outdoor mall with noteworthy tenants including a State Farm, Garibaldi's, American Bar & Grill, Lab Corp and an Advance Pre-School/Day Care facility. Interior buildout includes 9 hair stylist stations, 6 hair dry chairs, 3 wash bowls, 2 pedicure chairs, a washer and dryer and two 50 gallon hot water heaters. Consistent level of sales realized by 5 stylists. The landlord will assist in financing tenant improvements and/or additional equipment for qualified prospect only.
Competition:
Competitive business but this fully equipped salon has a 30 year history which evidences its great location.
Growth & Expansion:
Increase marketing and number of stylists and nail techs.
Support & Training:
No training due to business being closed but landlord will assist in financing improvements to tenant space and/or additional equipment.
Reason for Selling:
Owner Retired.

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David Burchert, IFA, MBA

Business Listed By:
David Burchert, IFA, MBA

Transworld Business Advisors/North-West-Chicago

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