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Upscale City Salon In Chicago For Sale

Chicago, Illinois
Asking Price:
$125,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (USD)
Cash Flow:
Under $50K (USD)

Elegant salon that has been well-established in an affluent neighborhood for over 11 years (located on the Northside) is for sale. Full-service salon is equipped with 14 hairstyling stations, 2 treatment rooms (for waxing, spray-tans, lash/brow and nail services), custom-made front desk, 4 shampoo bowls and 3 hood-dryer stations. There is a full front-desk reception staff who tends to the clients in person and on the phone to help manage the flow and care of clients before and after services.

With its beautiful and upscale design and team of expert stylists, the salon has cultivated a wonderful reputation and a very loyal customer base. The salon is close to public transportation and offers EASY street parking and services men, women, and children making for a well-rounded client base. Clintele demographic is neighborhood dwellers and also working professionals who commute downtown and back north using CTA.

Beautiful fixtures and contemporary furnishings within this sophisticated space of nearly 2900 square feet make this salon a must-see for anyone looking to own their own salon or expand existing business with another successful location.

If interested, please contact the seller through the form on this page.

Property information

Real Estate:

Lease

Location:

Prime location on busy major east/west street. Located just blocks from large university within the city. Close to CTA and easy highway access.

Premises Details:

Commercial retail plus residential condo building. Originally built-out to suit our blueprint/design. Roughly 2900 square feet and occupy two store-fronts. Amazing retail presence on street complete with windows on full front and full side.

Size in square feet:
2,900

Business Operation

Expansion Potential:

Have room to expand business with more stylists, treatment-room renters or employees, and even double-shifting stylist stations.

Competition / Market:

a couple smaller (less upscale) salons located within 6 blocks.

Reasons for selling:

Owner wants to relocate

Trading hours:

Tuesday - Sunday (open until 9 pm Tuesday/Wednesday/Thursday, 7 pm Friday, 5 pm Saturday/Sunday)

Employees:
15
Years established:
11

Other Information

Support & training:

Owner can transition new buyer with training to keep business operation going without interruption. 100% Turn-key business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Willing to finance one-quarter of purchase price over 9 month term.

Furniture / Fixtures value:
$50,000 (USD) - included in the asking price
Inventory / Stock value:
$30,000 (USD) - included in the asking price

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