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Michelle Obama's Personal Salon
| Asking Price: | $3,499,770 | Inventory: | $150,000 ++ |
| Gross Revenue: | $650,000 | Real Estate: | $3,000,000 ++ |
| Cash Flow: | $375,000 | FF&E: | $200,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
recession proof salon in the heart of Chicago's Gold Coast
Rare opportunity to take over a recession proof salon in the heart of Chicago's Gold Coast. The business consistently out performs year over year and in the last couple of years has continued to grow. Ask America's first lady Michelle Obama who has been a loyal client since she was 18 years old. She will tell you that Van Cleef Salon is the most respected and reputable salon in Chicago if not the county. The land alone is worth $3,000,000, couple that with a thriving salon in an incredible edifice and the opportunity is a no-brainer. Salon is being sold with all equipment and the client list of ~10,000 loyal clients. Current ownership is willing to stay on as a consultant or to train the new proprietor.
About the Business
Year Established:1978
Employees:12 full time - 5 part time
About the Sale
Management Training and Support:Owner will train
Reason For Selling:Owner is looking to rest
KEYWORDS: Gold Coast, Michelle Obama, Ronny Flowers, Celebrity
Sell Your Business | This listing has been viewed 122 times
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Current Search
Industry: Hair and Beauty
Segment: Other Hair and Beauty Next Listing: CQ135 -South Oxfordshire-£220,000-Professional Beauty Salon Located in Busy Shopping Area
Last Viewed: Scuba Retail/Training Facility
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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