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#Business ID: 11526

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A FULL SERVICE Hair Salon

Business Location: Bloomington, McLean, Illinois, United States

Asking Price: $ 140,000 Revenue: $ 240,000 Cash Flow: $ 50,000

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

Excellent opportunity to purchase a FULL SERVICE HAIR SALON! Perfect for someone who wants to own a known, established business. This salon has been in business for 12 years and has a solid client base. The space consists 1,788 sq. ft. with 8 rooms: Reception Area, Stylist area, Massage Room, Nail Room, Facial Room, Employee/Product Room and 2 bathrooms. This Full Service, profitable, Salon in a high traffic area on Bloomington's east side, 1 block from Eastland Mall.

Purchaser would assume remaining 3 year lease, locked in at $1,975/month (with) water and gas included in lease.
2009-2011 - 3-year Gross Revenue/Annual Volume: $244,750, 234,636, 246,668.
2009-2011 - 3-year Profit: $61,550, $51,982, $51,830

Current employee staffing consists of Five Stylists, 1 Massage Therapist, 1 Aesthetician and a Receptionist.

Owner is willing to stay on if requested for a mutually agreed upon period of time to ensure an efficient transition.
Salon includes:
• 5 Stylist stations
• Washer, Dryer, Full Size Refrigerator
• 3 Shampoo Stations with back bar
• 2 dryer stations & chairs
• reception area with large reception desk, product shelves, lobby furniture & TV
• Massage table and furnishings, 2 nail stations, 1 facial chair and room furnishings.
• Plus many extras included, too many to list!

SERIOUS ONLY!!!! This turnkey Salon/Day Spa is ready to go with an excellent customer base, great location, solid lease, and low overhead.

Please Do Not Contact or Call the Salon directly, kindly respond to this listing.

Property Details

Size:

1788

Years Established:

13

Property Type:

Lease

FF&E:

$ 30,000

Inventory Value:

$ 20,000

Other Business Details

Business Location:

Near Eastland Mall in Bloomington, IL

Premise Details:

Private parking lot with 2 other businesses on site

Miscellaneous Details

Reason For Selling:

Working slowly towards retirement over the next few years

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