Marcus Salim
Northern Suburbs
938218435
Services: Hair, Nails, Spas, Tanning
$85,000
1997
5
$130,000
Not Disclosed
$NA
Not Disclosed
$NA
Not Disclosed
Not Disclosed
Reason for Selling:
Focused on other business interests.
Overview of the Business:
Nationally Branded Hair Salon Chain with significant national presence is looking to expand in the greater Chicago land area. This business is recession resistant as it helps client receive the same services as their current high-end salons, but provides same services at a value price. This established business location has been operating for more than 12 years.
Property Features and Assets:
This salon is located in a very busy shopping center that also contains other nationally branded tenants such as Subway. The salon decor has recently been upgraded to reflect most current salon equipment.
Market Competition and Expansion:
There is normal competition in the area from a number of other salons. However, the area has proven itself to be strong enough to support area businesses. A new, more involved owner or owner/operator could be key in helping this business grow.
Additional Details: