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Hair_Photo-collage.jpg

This hair salon was started over nine years ago, and it is located in an affluent neighborhood of Chicago with great visibility. The Salon provides a full range of hair services such as haircuts, coloring and styling. Additionally, the Salon also provides spray tanning services, manicures and pedicures.

The Salon mainly serves working professionals in their 20s and 30s. Customers are highly satisfied with the services the Salon provides. The Business has a great online presence and has wonderful reviews on Yelp, Groupon and Facebook.

The Business can be improved by harnessing new technology and applications to enhance the customer experience. A new owner can focus on fresh marketing strategies that will expand the customer base. Also, a new owner can open other locations as he or she sees fit.

MBBI Member
Asking Price
$299,676
Gross Revenue
$656,094
Cash Flow
$86,015
State(s)
Illinois
Metro Area
Chicago North Side
Is this a franchise?
No
Can the business be relocated?
No
Number of Employees
13
Year Established
2007
Seller Financing Available?
Seller Financing Available for Qualified Buyer
Reason for Selling
Pursue Other Interests
Inventory Included?
Yes
Inventory Value
$22,000
FF&E (Furniture, Fixtures & Equipment)
$65,760
Name
Domenic Rinaldi
Hair_Photo-collage.jpg 2 years ago
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