Tupelo Data Room
Hair Salons & Barber Shops, Spas
Active

Turnkey 25-Year-Old Beauty Salon for Sale

Illinois, United States
Asking Price$145k
Revenue$798k
EBITDA-
Cash Flow$68k
Description
A rare opportunity to own a turn-key beauty salon that has been established for 25 years and is renowned for its loyal, satisfied customers. This one-stop-shop beauty salon offers a comprehensive range of services and boasts an ample, spacious inviting space with a great flow, creating the perfect environment for both clients and staff. The salon features 14 hair chairs, 4 manicure stations, 4 pedicure stations, and 5 private rooms dedicated to massage, waxing, and facial services, offering a variety of beauty treatments in one location. With plenty of inventory on hand and sales including retail products, this business is ready for continued growth. The salon operates efficiently with a user-friendly online scheduling system in place, ensuring seamless appointment management for both clients and staff. This is an incredible opportunity to step into a thriving, well-established business with a loyal customer base, experienced staff, and a steady stream of revenue. Whether you're an experienced salon owner or a first-time buyer, this fully equipped beauty salon is ready for you to take over and continue its success. Don't miss out on this prime business opportunity! The salon, established for 25 years, was purchased in October 2023 from two sisters. Located in a prime spot on 95th Street in Oak Lawn, it is a full-service salon offering spa, hair, nail, and esthetician services. With significant growth potential, it holds exciting opportunities for the future. Potential Growth The area holds significant potential for a salon business, as it is surrounded by a large residential community. Utilizing social media, influencer partnerships, and targeted online advertising helps reach new clients and enhances brand visibility. Competitive Overview The salon benefits from a unique position in the market, with no direct competitors in the immediate area, allowing it to capture a larger share of the local clientele.
Real Estate
Rent is $1,050,000 per month
Building Size: 3167 sq. ft.
Furniture Fixtures & Equipment
$65k
Inventory
$35kIncluded in Asking Price
Number of EmployeesFull-Time: 18
Year Established
2000
Reason Selling
retiring
Facilities & Assets
The salon, established for 25 years, was purchased in October 2023. Located in a prime spot on 95th Street in Oak Lawn, it is a full-service salon offering spa, hair, nail, and esthetician services. With significant growth potential, it holds exciting opportunities for the future.
Market & Competition
The salon benefits from a unique position in the market, with no direct competitors in the immediate area, allowing it to capture a larger share of the local clientele.
Growth Opportunities
The area holds significant potential for a salon business, as it is surrounded by a large residential community. Utilizing social media, influencer partnerships, and targeted online advertising helps reach new clients and enhances brand visibility.
Asking Price$145k