Tupelo Data Room
Hair Salons & Barber Shops
Active

Absentee Salon Suites with 4 rented spaces -Real Estate Available

Illinois, United States
Asking Price$80k
Revenue$44k
EBITDA-
Cash Flow$32k
Description
Excellent absentee business that is very simple to run while simply being a "landlord" for the salon suite spaces within this small building. The building is also available for sale via a commercial real estate agent. Excellent small cash flowing business with very little work involved. The owner currently rents one of the spaces, but is happy to stay on for 3-6 months to find another tenant or potentially you are a strategic buyer that is already a stylist? This is a very clean building that looks excellent in DuPage county. Great location and good curb appeal. The owner will even assist with the transition of the tenants. If you know this business or are interested in this category, it's worth a look! No marketing has been done to date for this particular location. Call today to inquire within!
Real Estate
Owned
Building Size: 1100 sq. ft.
Furniture Fixtures & Equipment
$22k
Year Established
2009
Reason Selling
Retiring
Facilities & Assets
FF&E Overview: Salon and Beauty equipment - chairs, mirrors, waiting room items, shampoo stations, washer/dryer, etc. FF&E General Condition: Great!
Support & Training
Training Support Included
Growth Opportunities
Almost unlimited if you know the salon business and think the rents should be higher, but currently the tenants have been there for many years. There has been zero marketing to date so any marketing would help to rent the spaces and the current owner's space would be available to rent at a higher rate.
Asking Price$80k