This work studies the influence of the imperfectness of the interface conditions on the dispersion of the axisymmetric longitudinal waves in the pre-strained bi-material hollow cylinder. The investigations are made within the 3D linearized theory of elastic waves in elastic bodies with initial stresses. It is assumed that the materials of the layers of the hollow cylinder are made from hyper elastic compressible materials and the elasticity relations of those are given through the harmonic potential. The shear spring type imperfectness of the interface conditions is considered and the degree of this imperfectness is estimated by the shear-spring parameter. Numerical results on the influence of this parameter on the behavior of the dispersion curves are presented and discussed.