Kids Salon, Full-time Stylists-Demand for More

Not Disclosed, IL
Cook County


Asking Price: Annual Revenue:
$100,000 $175,449

Services: Hair, Nails, Spas, Tanning


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RE: Kids Salon, Full-time Stylists-Demand for More Broker: Kristina Wynne
Owner Financing is Available!

Quick Facts

Asking Price: $100,000
Annual Revenue: $175,449
Net Profit: Not Disclosed
Cash Flow: $65,938
Total Debt: Not Disclosed
FF&E: $11,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 3
BBN Listing #: 201362804
Broker Reference #: 041621-383330

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Business Overview:

This salon has cornered the children hair braiding market with an active client base of almost 2,000 children ages 2 – 17. The salon’s active social media page keeps the beautiful hair styles, luxurious interior aesthetic, and dedicated staff top of mind. Customer referrals is also a major driver of continued growth for this company!

This is a turnkey opportunity, for a new owner and it does not require you to be a stylist. If you love children, beauty, and managing people this is a great opportunity for you. The next owner will want to focus on growing the business back to full capacity, which is housing 8 stylists. With millennial parents being busier than ever, the children’s market for grooming continues to expand year over year and this company has grown year over year as well. At its peak, pre-pandemic, all 8 seats in the salon were filled. Now, post-covid there are 3 dedicated full-time stylists and the salon is open 7 days a week.

Finally, in addition to styling services, this salon offers manicures, hair braiding trainings, and has a line of beauty products for children. This business is primed for growth under a leader who has the passion to scale it to its fullest capacity.

This Kid's Salon started in 2018 with one stylist and just 100 clients, now in 2022-2023 they have 1957 clients and online customers from out if state of Illinois. The target clients are young girls and boys as young as 2 years old to 17.

There is no competition within a 50 mile radius of the business.

There is massive growth opportunity as demand increases and there isn't much competition in this market space. Parents are busier than ever these days and are willing to pay for convenience. This kid's salon offers a convenient, luxurious, safe, and affordable place parents can feel comfortable taking their child to be groomed. Additionally, there is opportunity for additional growth with the products sold in the store and via e-commerce to growth.

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Reason for Selling:

Relocated

Additional Details:

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

Relevant Links:

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