NOT DISCLOSED, Illinois
| Asking Price |
$590,000 |
Year Established |
|
|
| Annual Revenue |
$1,117,635 |
Reason for Selling |
relocation |
|
| Annual P/L |
$0 |
Attention |
Andrew Everett |
|
| Annual Cash Flow |
$246,930 |
Listing Number |
993922 |
|
| # of Employees |
14 |
Business Category |
Services: Hair, Nails, Spas, Tanning |
|
Business Overview:
This is a rare opportunity to acquire a highly successful, community-driven salon business with a prime location in one of Chicago’s most desirable and affluent neighborhoods. Situated in a high-foot-traffic retail corridor and extremely walkable area, this salon is easily accessible by multiple public transit options, drawing steady walk-ins and maintaining a loyal, high-income clientele that prioritizes beauty and wellness as part of their lifestyle.
Designed and branded with longevity in mind, the salon features a beautifully curated interior and a cohesive, elevated aesthetic. The space features 12 fully equipped stylist stations, chic reception areas, stylish waiting lounges, and updated finishes throughout—ensuring a modern, upscale atmosphere that requires no rebranding or renovations whatsoever.
The business is fully supported by a dedicated, experienced team of professional stylists, assistants, and an on-site manager, many of whom have been with the company long-term. This strong staff infrastructure allows for a smooth transition and continued success under new ownership.
The salon is purpose-built for high-efficiency operations and comes equipped with:
-Top-of-the-line shampoo bowls and dryers
-Ergonomic and modern stylist stations
-Integrated retail product shelving for strong upsell potential
-Ample storage and break areas
-Fully integrated systems, including online booking, POS, and inventory management
The business enjoys a robust digital presence, including a polished website, high search rankings, glowing online reviews, and active social media engagement. Proven marketing systems and community partnerships help consistently attract new clientele while keeping the brand top-of-mind locally.
Financial performance continues to climb, with year-over-year growth and a clear path to its most profitable year yet. This is a truly turnkey opportunity—all the elements of a thriving business are already in place.
The seller is retiring, creating a unique and timely opportunity for the right buyer to step into a well-established and beautifully run salon brand.
This opportunity is ideal for:
-An owner-operator seeking a ready-to-run, profitable salon
-An existing salon brand looking to expand its footprint
-A stylist or cosmetologist ready to take the leap into ownership
Property Features and Assets:
<p>Multiple locations fully built out for salon operations including cut, color, and shampoo.<br></p><p>This business was founded over a decade ago and has continued to grow each year with an environment that's welcoming to both staff and clients alike.<br></p>
Market Competition and Expansion:
<p>Despite year to year growth there is still significant untapped potential for expansion and revenue increase. Increased station usage, flexible shifts or part-time options, retail to service ratio, new product lines.<br></p><p>As a high-quality salon brand operating in Chicago's Noth Side, their direct competitors include mid to high end salons that attract similar clientele-style-conscious, professional individuals seeking reliable, skilled service.<br></p>
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