Salon for Sale Downtown Chicago IL -XEX Salon & Barbershop

The XEX Story
The name XEX comes from Feng Shui. Two “Xs” mean lucky. The “E” means good energy.
We have created an artistic team of knowledgeable and experienced individuals in a wide range of services. We strive to maintain the highest level of customer satisfaction, professionalism, and integrity. Education, a commitment to creativity, and individualism are at the center of our constant pursuit for excellence. XEX provides the best services day to day by meeting the demands of our customers and proving our ability to produce the highest quality work.

After twenty plus years of success we are moving forward and are selling our business which includes FFE, supplies and assignment of lease. It is a wonderful neighborhood and includes notable tenants including Winston & Strawn, Leo Burnett, Prime & Provisions, Chicago Cut Steakhouse, Smith and Wollensky’s, Soul Cycle, Starbucks and the Renaissance Hotel as the neighboring Building.

Please see general terms below and contact Dana Moyles for further information at danamoyles@hotmail.com or 917 607 2087.

Check out the marketing flyer for this salon, HERE

What is Included in the Salon for Sale in Cook County Illinois

Listing Sheet:
Hair Salon for Sale (Assignment of lease and sale of all product and FFE)
Location: 35 West Wacker Drive, Chicago IL 60601
Square Footage: 1,402 SF
Number of Stations: 13
Asking Price: $295,000 (all offers will be considered)
Lease Expiration: June 30, 2030
Renewal Option: 5 Years
Monthly Rental Rate: $5,374.33 with annual increases of $0.75 per foot
Annual Sales: Averaging between $850,000 and $1,100,000
FF&E Value: $68,423.53
All other financials and lease documents shall be provided upon receipt of a fully executed NDA.
Please contact Dana N. Moyles for NDA.
Sellers Broker: Dana N. Moyles, Managing Broker Illinois, 917 607 2087
cell. Danamoyles@hotmail.com