Absentee Salon Suites with 4 rented spaces -Real Estate Available

DuPage County, IL
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Asking Price:$79,900
Gross Revenue:$43,800
Established Year:2009
Cash Flow:$32,198
FF&E:$22,000
BUSINESS 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!


DETAILED INFORMATION
Location
DuPage County, IL
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
1,100
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
FF&E Overview: Salon and Beauty equipment - chairs, mirrors, waiting room items, shampoo stations, washer/dryer, etc. FF&E General Condition: Great!
Growth & Expansion
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.
Support & Training
Training Support Included
Reason for Selling
Retiring
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Matt
Friscia
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Matt Friscia