Established & Profitable Salon Suites Business

Listing Number: 082421-235853

Description

This well-established salon suite business has been a fixture in the Chicago western suburbs for over two decades, providing a professional home for independent stylists, barbers, nail and makeup artists. The business operates at near full capacity with almost all of the over a dozen large private suites and long-term tenants under contract. The owner’s role is largely hands-off and works minimally managing leases and maintenance, thus making this a perfect semi-absentee or investment opportunity for someone in or outside the beauty industry. While the current owner keeps rents intentionally below market to maintain long-term stability, this presents a clear path for growth. A new owner can increase rental rates, refresh the décor, and boost profitability without changing the successful model that beauty professionals and clients love.

Listing Details

• Price: $74,999
• Down Payment: --
• Sellers Discretionary Earnings: $20,031
• Total Sales: $128,949
• Location: DuPage County, Illinois


• Inventory: $0
• FF&E: $62,898
• Employees:
• Reason for Selling: Moving
• Category: Beauty/Personal Care