Business For Sale

Cosmetology School in NW Chicago Suburb

Palatine, IL
Cook County

Asking Price: Annual Revenue:
$75,000 $229,305

Services: Education & Training

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RE: Cosmetology School in NW Chicago Suburb Broker: David Burchert

Quick Facts

Asking Price: $75,000
Annual Revenue: $229,305
Net Profit: Not Disclosed
Cash Flow: $49,365
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 1986
Employees: 5
BBN Listing #: 203644552
Broker Reference #: 5717-55420

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Business Overview:

Recognized Private Cosmetology School located in NW Suburb of Chicago and established 30 years ago.

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Property Features and Assets:

Cosmetology School with a 30 year history in the same location in an affluent NW Suburb of Chicago. Instructors teach enrolled students the latest techniques in hair, skin and nail care, as well as the business aspects of salon management. This school offers flexible scheduling to fit around prior commitments and guaranteed job placement upon completion of the course. Classes are taught by 5 part-time instructors and students complete haircuts for men and women, perms, coloring, nails, facials etc. under the direction of instructors at discounted prices to the public. Fully equipped 2,200 Square Feet space includes 10 stylist stations, 1 facial/waxing room, a party room, 15 styling chairs, 5 wash bowls and a modern build-out. Owner will stay on as an instructor if relationship is suitable. Seller financing is available for a qualified buyer only.

Market Competition and Expansion:

Highly competitive industry with a fair level of risk but location, location, location and this school has been in the same location for 30 years. Showing Comments Contact David Burchert. Potential Growth Increase marketing and hours of operation. Offer additional hair and body care products to increase retail sales.

Reason for Selling:

Other business interests.

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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