Luxury Hair Salon in Chicago Suburbs
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Boutique full-service hair salon established nearly a decade ago by two founding stylist-owners, generating just under $1.5M in annual revenue with consistent year-over-year growth since inception. The business operates from a leased space consisting of a team of nine stylists plus support staff depending on seasonality. Known for a personalized, "neighborhood salon" client experience, the business has cultivated a loyal, high-retention clientele and a devoted staff base, many of whom trained through an in-house apprenticeship pipeline. Ownership is open to a transition period post-sale to ensure continuity of client and staff relationships, and to a non-compete agreement. The lease has favorable renegotiation timing on the horizon, offering a potential buyer room to improve occupancy costs going forward.
About the Business
- Years in Operation
- 7
- Employees
- 13 (9 Full-time, 4 Part-time)
3-5 seasonal - Facilities & Assets
- 1,800 sq. ft. leased space; 10 styling stations, 4 shampoo bowls
- Opportunities for Growth
- Expansion of Service Offerings – A new owner could introduce additional luxury services such as skincare, nail care, or wellness treatments to diversify revenue streams and attract a broader clientele.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,800
- Rent
- $7,800 per month
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Negotiable
Listing Info
- ID
- 2542351
- Listing Views
Listing ID: 2542351 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleIllinois Businesses for SaleIllinois Hair & Beauty Businesses for SaleIllinois Beauty Salons & Barber Shops Businesses for Sale
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