Business For Sale

Hair & Spa Salon South Suburbs

Not Disclosed, IL
Cook County

Chicago Suburbs


Asking Price: Annual Revenue:
$230,000 $1,092,222

Services: Hair, Nails, Spas, Tanning


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RE: Hair & Spa Salon South Suburbs Broker: Jim Peddle
License #: Registered in IL
Owner Financing is Available!

Quick Facts

Asking Price: $230,000
Annual Revenue: $1,092,222
Net Profit: Not Disclosed
Cash Flow: $113,084
Total Debt: Not Disclosed
FF&E: $241,469
Real Estate: Not Disclosed
Year Established: 1995
Employees: 40
BBN Listing #: 678850522
Broker Reference #: PB16140

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Business Overview:

Interested in owning a successful Salon & Spa in a Suburban Chicago Community? This turnkey opportunity offers a total Salon experience for customers including Hair, Nails, Waxing, Facial Treatments, Skin Care and Massage. It’s truly a one stop destination for client’s personal beauty needs. With annual revenues over $1,000,000 the business consistently generates over $100,000 of cash flow to the owners.

The Company has been recognized as the best day spa in its Community multiple times over the past 10 years and the Seller has built a tremendous reputation with its customers as well as their employees. The Company employs a full staff of Stylists, Nail Techs, Massage Therapists, Aestheticians and Front Desk Support.

Interested buyers are required to execute an electronic NDA prior to the disclosure of the name and location of the Company. Please contact Jim Peddle or email us.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The Company operates out of a single 3,000+ square feet facility that includes a full-service hair salon, single rooms for massage therapy, and a shampoo station. The property is located in a shopping center and leased by a third-party landlord. The lease is up for renewal in 2019.

Market Competition and Expansion:

The Company has several direct competitors in the form of other beauty salons and spas in the Greater Chicago area. However, unlike its competitors, it has received numerous awards and its nail technicians and stylists have also been asked to participate in beauty shows and competitions.

Reason for Selling:

Retirement

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.

Relevant Links:

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