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Hair Salon Business – North Side of Chicago

Listing Number: 161063-272080

Listing Details

Hair Salon Business – North Side of Chicago
Price: $590,000
Location: Cook County, Illinois
  • Down Payment: $590,000
  • Sales: $1,073,070
  • Seller's Discretionary Earnings: $209,410
  • Inventory: $150,000
  • Furniture, Fixtures, and Equipment: $35,000
  • Rent: $5,964
  • Employees: 14
  • Year Established: Withheld
  • Reason for Selling: Retirement

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Business Description

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