Beauty Salon and Day Spa

Not Disclosed, IL
Cook County

Asking Price: Annual Revenue:
$175,000 $681,917

Services: Hair, Nails, Spas, Tanning

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RE: Beauty Salon and Day Spa Broker: Terry Flanagan
Owner Financing is Available!
$157,500 down/$17,500 over 48 mos. @ 5%

Quick Facts

Asking Price: $175,000
Annual Revenue: $681,917
Net Profit: Not Disclosed
Cash Flow: $80,768
Total Debt: Not Disclosed
FF&E: $241,745
Real Estate: Not Disclosed
Year Established: 1996
Employees: 34
BBN Listing #: 28674955
Broker Reference #: 1050-15482

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Business Overview:

The beauty salon/day spa operates at a busy intersection in the southwest suburbs of Chicago. The business provides hair styling and make-up services, skin care, nail care, waxing, facials, wraps and massage services. A full line of services is offered for both women and men. Full package offerings including two or more services are available. Individual packages are offered for special occasions such as weddings.

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Property Features and Assets:

The shop is located at the intersection of two business thoroughfares. There is 3,167 square feet sectioned into 15 hair stations, 4 treatment rooms, 4 nail stations, 1 make-up station and 2 washrooms. The store also has 1 shower room, 4 pedicure chairs, 5 shampoo bowls and a color mixing room. Assets= $281,879

Market Competition and Expansion:

The beauty industry is a competitive environment. Multiple individual competitors are found in hair care, nail care and massage. Limited competitors are found that provide a full compliment of services to allow one-stop shopping for multiple personal and beauty needs. The ability to deliver multiple services separates this salon/spa from the rest of the industry.and delivers the competitive advantage to this business. The potential for growth exists in many areas. Increased advertising under a multi-media strategy would increase awareness of the services available. Addition of services such as blow-dry bar, Brazilian blow-outs and hair extension bar would offer more choices for hair care needs. Increased services for men would take advantage of a fast growing new segment of the industry.

Reason for Selling:

The managing sister wishes to retire.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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