Seller's Contact Information

  • RE:  Prestigious Salon & Spa
  • Contact:  Mark Bailey
Listing Update!
Update: Prestigious Salon & Spa is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Services: Hair, Nails, Spas, Tanning Industry.

Business Overview:

This full-service salon and spa located in downtown Chicago in a very busy office building, has been in business for over 40 years. Very loyal client base, and receives lot of walk in traffic from adjacent large convention hotel. Services include hair cutting, coloring, special occasion updos, manicures, pedicures, facials, and massages. The 3,600 square foot space includes 17 styling chairs, 12 manicure tables, 8 pedicure chairs, and 5 treatment rooms.

Property Features and Assets:

Monthly Rent: $3,566.13 Square Units (Foot, Meter): 3,600 Lease Expiration Date: December 30, 2024, 10:00:00 PM

Reason for Selling:

Retirement

Additional Details:

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

Relevant Links:

Opportunity Update!

Exciting update: Prestigious Salon & Spa has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!

Asking Price: $49,000

Membership-based Wellness Spa Franchise

Not Disclosed, CO
Adams County

Superb location, established customer base, room for growth, and stellar google reviews make this an ideal purchase. Over $650,000 was invested into this beautiful location along I 25 just North of Denver built out; up and running. You can get it for a tiny fraction of the cost of opening a new location. At just $49,000, this owner’s loss can be your gain.The business operates under a proven, profitable, & scalable recurring revenue, membership-based business model, which allows for efficient allocation of employee resources. Currently, the business has monthly subscription revenue that’s well over $40,000/month. The business is just waiting for an engaged full-time owner to bring this proven concept to its full potential.As the population ages and disposable income increases spa services of all types are booming, and the health and wellness industry is projected to reach $12.9 trillion by 2031 and is set to grow at a CAGR of 10.9% from 2022 to 2031 (alliedmarketresearch.com/health-and-wellness-market-A29258).This is a rare chance to get into this booming industry for a fraction of the cost of starting from scratch.Inquire for more details and learn how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country - listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!

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Cash Flow Not Disclosed
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Kids' Hair Salon: Profitable Turnkey Business

Not Disclosed, TX
Harris County

This national franchise resale focuses on providing children haircut services in a fun atmosphere making it a welcoming experience for kids. Children can play games and have a fun time meanwhile a trained stylist is cutting/styling their hair. This location first opened in 2021 and comes with an established manager, staff team and repeat customer base. Revenues for 2023 were $252,954K, 2022 were $238,722K. A good revenue growth trend! The 2023 SDE was (-$8,898)K. Currently there is a FT manager/stylist, 2 FT stylists plus 3 PT stylists and 2 part time receptionist operating the business.The owners manage payroll, purchasing, marketing and financial management. The monthly rent is approx. $4,494 including (NNN) for 1200 square feet of space. Bring your energy to expand this business and take advantage of this opportunity. The sale includes FF&E, Leasehold Improvements and Franchise Fee. There is a Franchise Transfer Fee of $10,000 (buyer to pay). Buyers will need approval by Franchisor and attend franchise training program. Initial start-up costs for this type of franchise are $172,420 to $221,495 (per franchisor information).Instead of starting brand new this business includes a customer base, ongoing revenue, and staff all for a lower investment. A great deal to enter the $5 billion children’s haircutting business with revenues day one. DO NOT CONTACT FRANCHISOR PRIOR TO BEING REGISTERED BY SELLER.

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Motivated Seller Kids Sharkey's Franchise Resale

Not Disclosed, NM
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National Franchised children’s haircutting service where haircuts are a fun experience for kids. The business comes with an established manager, staff team and customers. Cutting children’s hair can be a challenging experience but this national franchise has made it fun for kids and relaxing for the parents. Children can play games and have a fun time meanwhile a trained stylist is cutting/styling their hair. The franchise opened its first location in 2002. This opportunity is a resale franchise, due to personal reasons the seller was not able to establish locations for these two franchises. Pick your location and obtain Franchisor Approval. First Year revenues will depend on location and owner. The owners typically manage payroll, purchasing, marketing and financial management. Monthly rent will depend upon size and location, the typical size is 1,200 square feet. Bring your energy to start this business and take advantage of this growing national franchise. The sale includes Franchise Fee and Grand Opening Advertising Fee. Buyer will need approval by the Franchisor and attend franchise training programs. DO NOT CONTACT THE FRANCHISOR PRIOR TO BEING REGISTERED BY TRANSWORLD BUSINESS ADVISORS. Initial start-up costs for this typical type of franchise are $172,420 to $221,495 (per franchisor information). A great deal to enter the $5 billion children’s haircutting business with revenues day one.

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Motivated Seller Kids Haircut Franchise Resale

Not Disclosed, TX
Not disclosed

National Franchised children’s haircutting service where haircuts are a fun experience for kids. The business comes with an established manager, staff team and customers. Cutting children’s hair can be a challenging experience but this national franchise has made it fun for kids and relaxing for the parents. Children can play games and have a fun time meanwhile a trained stylist is cutting/styling their hair. The franchise opened its first location in 2002. This opportunity is a resale franchise, due to personal reasons the seller was not able to establish locations for these two franchises. Pick your location and obtain Franchisor Approval. First Year revenues will depend on location and owner. The owners typically manage payroll, purchasing, marketing and financial management. Monthly rent will depend upon size and location, the typical size is 1,200 square feet. Bring your energy to start this business and take advantage of this growing national franchise. The sale includes Franchise Fee and Grand Opening Advertising Fee. Buyer will need approval by the Franchisor and attend franchise training programs. DO NOT CONTACT THE FRANCHISOR PRIOR TO BEING REGISTERED BY TRANSWORLD BUSINESS ADVISORS. Initial start-up costs for this typical type of franchise are $172,420 to $221,495 (per franchisor information). A great deal to enter the $5 billion children’s haircutting business with revenues day one.

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Cash Flow Not Disclosed
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Passive Income: Health & Wellness Multi-Units

Scottsdale, AZ
Maricopa County

This is a unique opportunity to receive passive income as an individual investor or group by owning a corporate-run master territory in one of the nation's fastest-growing sectors—health & wellness. This corporate run offer is for the entire state of Arizona. This master franchise presents two passive revenue streams for the owner(s): income generated from the onboarding of new franchisees and a recurrent royalty stream.This successful health & beauty business model offers concierge skin care treatment plans tailored for their clients. Services include laser skin care treatments, laser hair removal, hydrating facials, microneedling, chemical peels, dermaplaning, injectables, and other standard facial treatments.Arizona has a population of 7.1 million and will hold thirty-five (35) spas. As the investor, you receive $30,000 for each franchise license sold in your region. The spas are SBA approved and have a total investment range of $500,000 - $800,000.Additionally, you receive 3% of the gross revenue from each spa. The average annual revenue for a medical spa, based on data from the American Medical Spa Association, is $1,982,896. The potential royalty income per license at that amount of yearly revenue is $59,487 per spa.You do not have to be a medical provider to own a master franchise or a spa. And since all day-to-day operations are performed by the parent company, absentee owners are not required to live in their region or in the same state.What you need to know:· Franchisee receives 50% of franchise fees and 3% royalty from each unit· The franchisee can sell the business at any time.· Perfect for employed franchisees that have a demanding job or time comment issues.· Franchisees may purchase geographically where they can afford.· Franchisees do not need to live where they own—not even in the same state.· Master territories can be single-person ownership or investor group.___________________For individuals interested in taking on a more active role as an area representative for the brand, there are multiple streams of income available. In your role as area representative, you will market to your area and qualify potential candidates. Once the Franchise Agreement is signed by the new franchisee, and working with the corporate team, you will help train the franchisee and monitor them periodically throughout the year.Not only will you earn revenue from onboarding new franchisees (50% of franchise fee) and passive income (3% royalty) through recurrent royalty streams, but there is also additional semi-absentee income from an operating unit.As an added incentive for area representatives, you receive a free franchise license to develop your pilot unit ($50k value). This unit is used to learn and validate the business, tour potential franchise prospects, and make revenue through the normal course of business. You can keep the pilot unit or sell it to a franchisee in the future. 35% in-house financing on the AR license, and the corporation is willing to joint-venture the pilot unit. Reach out for more details.

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Cash Flow Not Disclosed
Revenue Not Disclosed
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Asking Price: $435,000

Area Representative: Health & Wellness Spa/Clinics

Not Disclosed, FL
Orange County

This is a rare opportunity to own a Master Franchise license in the health and wellness industry and in one of the hottest markets in the country, Orlando. This master franchise has three main revenue streams for the owner. Revenue from the onboarding of new franchisees, semi-absentee revenue from an operating unit, and passive revenue from a recurrent royalty stream. You do not need any experience in this industry. The corporate team members will instruct you in all aspects of the master franchise model.As the Area Representative for the Orlando Metro market, you receive thirty-five franchise licenses with a population market of 4.8 million. One unit/office you open and run semi-absentee. The other thirty-four (34) you will market and qualify potential candidates. Once the new franchisee is working with the parent company, you will help train the franchisee and monitor them periodically throughout the year. For each franchisee you place, you receive $30,000. 34 units = $1,020,000. You also receive 3% of each office’s total yearly revenue as your royalty. These spas average $1.9 million in yearly revenue; 3% is $56,000 per unit ($56,000 x 34 = $1.9 million/yr. of potential passive income). You may also create income streams by opening additional units for semi-absentee revenue as a manager model. Or simply build, open, and sell units.The cost for a thirty-five (35) unit Area Developer franchise is $437,500. There is up to 35% in-house financing available for the franchise fee. Adding on the cost to open a spa ($500,000), your total cost is $937,500. Spa/Units are SBA approved.Area Developer Revenue Streams:1)                  Pilot Unit Revenue (avg. 20% net revenue)2)                  Royalty Fee: 3% from all units3)                  Building equity in the region4)                  Receives $30,000 for each new franchisee Positives of Operating an Area Development Investment:•                     Operates with a limited number of customers.•                     Operates with a family member or a small number of employees.•                     Operates with minimal or no rent expense.•                     Operates with little or no inventory expense.•                     AD’s own exclusive geographic territory.•                     AD’s can personally open additional locations in their regions to keep or sell later as an existing business (at a substantially higher price) or joint venture.•                     ADs receive an ongoing royalty income stream of 3% for the life of each of the spas.•                     AD’s may choose to hire a general manager and step out of day-to-day involvement in the business.•                     AD is an established business development and operations vehicle. Some of the largest and most successful franchise systems have grown using area development (Massage Envy, Century 21, McDonalds, Subway, etc.)Training consists of 15 weeks, including pre-training, 4 days on-site at HQ, in-field training at your location, and/or weekly phone calls for support. You will be trained on all aspects of franchise operation.This skincare franchise provides rejuvenating services nationwide, including laser facials, hydrating facials, microneedling, dermaplaning, chemical peels, body contouring, and injectables. The brand is known for its excellence and loyal customer base, offering effective treatments in a soothing environment.With a consistent growth rate of 14%, this industry reached $300 billion last year. These types of clinics average $1.4-$1.9 million/year in revenue, generating around 24% net for the owner.Entrepreneurs in skincare and wellness can join the beauty industry through this franchise program. Franchisees receive training and support in skincare techniques and business operations. They access advanced technologies and products, staying ahead of trends. The established brand and marketing efforts drive customer growth at each location.Highlights Single Unit:·         Average revenue of $1.9 million·         Average profit margins: 25%·         Semi-Absentee ownership·         Single Unit: $500,000·         Lifestyle Business

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Cash Flow Not Disclosed
Revenue Not Disclosed
$ Owner Financing Available

Asking Price: $1,300,000

Salon Suites Business for Sale

Not Disclosed, TX
Tarrant County

Salon suites business for sale! Don't miss this rare opportunity to acquire two established salon suite businesses in a highly sought-after market. Both locations were founded in the early 2000s and acquired by the current owner in 2014. The business model involves leasing individual salon suites to independent beauty professionals, including hairdressers, estheticians, barbers, nail techs, massage therapists and other service providers. Each location features approximately 40 suites, with occupancy rates consistently between 93% and 96%, demonstrating high demand and a stable tenant base.Both salons were fully renovated in 2020, ensuring modern, well-maintained facilities. The business generates steady revenue through regular rent increases and has room for further growth, either by expanding the number of suites or increasing rental rates for existing spaces.Current marketing efforts include websites for each location, social media presence, and advertising on platforms such as Google Ads, Facebook, and Instagram. While the business benefits from a solid stream of tenants, there is potential for further marketing expansion to attract additional prospects.The owners are minimally involved in the business, managing financials, rent collection, and some marketing, while day-to-day operations are handled by staff. This efficient management structure has helped the business maintain consistent profitability.This opportunity is ideal for buyers seeking a proven, profitable business with room for growth in a thriving market.

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Cash Flow $369,215
Revenue $858,781

Asking Price: $3,199,000

Well-Established Miami Hair Salon/Prime Location

Not Disclosed, FL
Miami-dade County

An exceptional opportunity is available to acquire a long-standing, highly regarded full-service salon and spa located in a prime, high-traffic area of an affluent South Florida community. With nearly 50 years of uninterrupted operation, this business has cultivated deep-rooted trust across generations, maintaining a steady stream of loyal clientele and strong financial performance. Its success is driven by a powerful combination of repeat local business, word-of-mouth referrals, and strategic partnerships with leading luxury hotels in the area.The salon delivers a full spectrum of professional services, including hair styling, color, extensions, specialty treatments, skincare, nail care, and retail offerings. Each guest is matched with skilled, experienced stylists to ensure a personalized, high-touch experience. The environment reflects a seamless blend of refined luxury, relaxed professionalism, and genuine warmth — a rare balance that has earned the salon a sterling reputation and recognition on both regional and national levels.Located in a highly desirable, fast-growing market, this business is uniquely positioned for expansion. With a respected brand, a dedicated team, and an unmatched legacy of service excellence, it offers the ideal platform for an investor or operator seeking to step into a turn-key, prestige beauty business with significant potential for scale. Whether through service line growth, additional locations, or franchising opportunities, the foundation is already in place for the next chapter of sustained success.The landlord requires buyers to have industry experience or an experienced operator/manager in place.Please refer to listing # 2201793805, business broker Alec Altschul (305) 405-8144 when inquiring about this listing.

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Cash Flow $1,042,126
Revenue $5,480,762

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