Property Features
Property TypeBusiness For sale | Year Built- |
SQFT- | Tenancy- |
Building ClassA | Zoning- |
Details
- Proparty Sub CategorieBeauty and Personal Care
- Asking Price74800
- Cash Flow40000
- Gross Revenue185000 sqft
- EBITDA40000
- FF&EN/A
- InventoryIncluded in asking price
- Rent$1,909.62 /Month
- EstablishedN/A
- LocationChicago, IL
- Real EstateLeased
- Building SF600
- Employees2
- Growth & ExpansionOpportunity to add more services and expand to empty unit next door.
- Business Websitehttp://lincolnparkwaxing.com/
Description
Successful Salon in Lincoln Park For Sale. The Salon specializes in waxing hair removal for women and men as well as eyebrow threading and design. The street-level retail storefront is located in a charming, vintage, mixed-use building near a busy intersection with more than 20,000 cars driving by per day and high pedestrian foot traffic. The unit is approximately 600 sf with 12+ foot ceilings. Layout includes three session rooms and a recently renovated bathroom. Rent includes a private and secure basement storage area. New owner would also have to assume existing lease with approximately two years left on the lease term. Building owner willing to consider negotiating a new lease or extension of existing lease. Profitable business with year over year growth.
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