773.243.1603
773.243.1603
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Listing ID:3N1038

SOLD – Personal Beauty 3N1038

Sold

The Company is a personal beauty business with store fronts in the busiest and developing residential areas in Chicago. The business was started to serve a need in the personal beauty market. The business has experienced growth through tactical programs executed by the systems driven owners. The locations and personal service drive new and repeat business.

The online reviews of the business are very positive and their position in the market is a leader in customer service and convenience. A highly trained staff contributes to customer retention. A growth model for expansion is in place for a new owner to benefit in a vertical business.

Today, the owners autonomously manage both stores through growth and profitability. A new owner could enjoy better results with more involvement in the day to day operations.

Transcation Details

  • Location

    Chicagoland Area, Illinois

  • Results
  • ESTABLISHED IN

    2006

  • Real estate Included

  • Full-Time Employees

    18

  • Franchise

    No

  • Industry

    Service

  • Reason for Selling

    Retirement

  • Inventory Included

    Yes

  • Part-Time Employees

    4

  • Business

    SOLD – Personal Beauty 3N1038

  • Acquirer

  • Annual Revenue

    $1,485,700

  • Annual Cash Flow

    $354,482

  • Seller Financing

    No

  • SBA Financing

    Yes

  • Listing Price

    $998,000

  • Acquisition Highlights

Tony Schiappa