Metro East High Volume Hair Salons
Business Description
ESTABLISHED DUAL-LOCATION HAIR SALON OPERATION
This thriving hair salon business, established in 2004, operates two successful locations in Madison County, IL, serving over 2,500 customers weekly. The enterprise has built a strong reputation as the area's premier walk-in salon destination with consistent revenue growth and exceptional customer loyalty.
BUSINESS OVERVIEW:
The main salon location generates high-volume walk-in traffic, averaging 450 customers weekly, while the second location focuses primarily on men's services with 140 weekly walk-ins. Combined operations produce annual revenue of $710,000 with seller's discretionary earnings of $135,000.
OPERATIONAL STRENGTHS:
• Dominant market position as the only walk-in salon in the area
• Comprehensive service offerings including color services and waxing
• Updated interior design creating an attractive customer environment
• Debt-free operation with strong cash flow
• Excellent tip income supplementing base revenue
• Competitive lease rate of $1,700/month representing less than 6% of sales
• Employee benefits including 401k plan enhancing staff retention
• Easy operating hours at second location
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $710,000
• Cash Flow (SDE): $135,000
• Minimal equipment investment required (FF&E: $4,000)
• Low inventory requirements ($350)
• Favorable lease terms through December 2026
GROWTH OPPORTUNITIES:
Significant expansion potential exists through additional services such as extensions and makeup. A neighboring store is available for lease, offering the opportunity to expand the main salon's footprint and increase capacity.
The current owner is retiring and will provide transition support including POS system training and internet setup assistance.
This turnkey operation represents an excellent opportunity for an experienced salon operator or entrepreneur seeking to enter the beauty industry with an established, profitable business in a protected market position.
This thriving hair salon business, established in 2004, operates two successful locations in Madison County, IL, serving over 2,500 customers weekly. The enterprise has built a strong reputation as the area's premier walk-in salon destination with consistent revenue growth and exceptional customer loyalty.
BUSINESS OVERVIEW:
The main salon location generates high-volume walk-in traffic, averaging 450 customers weekly, while the second location focuses primarily on men's services with 140 weekly walk-ins. Combined operations produce annual revenue of $710,000 with seller's discretionary earnings of $135,000.
OPERATIONAL STRENGTHS:
• Dominant market position as the only walk-in salon in the area
• Comprehensive service offerings including color services and waxing
• Updated interior design creating an attractive customer environment
• Debt-free operation with strong cash flow
• Excellent tip income supplementing base revenue
• Competitive lease rate of $1,700/month representing less than 6% of sales
• Employee benefits including 401k plan enhancing staff retention
• Easy operating hours at second location
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $710,000
• Cash Flow (SDE): $135,000
• Minimal equipment investment required (FF&E: $4,000)
• Low inventory requirements ($350)
• Favorable lease terms through December 2026
GROWTH OPPORTUNITIES:
Significant expansion potential exists through additional services such as extensions and makeup. A neighboring store is available for lease, offering the opportunity to expand the main salon's footprint and increase capacity.
The current owner is retiring and will provide transition support including POS system training and internet setup assistance.
This turnkey operation represents an excellent opportunity for an experienced salon operator or entrepreneur seeking to enter the beauty industry with an established, profitable business in a protected market position.
About the Business
- Years in Operation
- 22
- Employees
- 8 (6 Full-time, 2 Part-time)
- Facilities & Assets
- *Main salon- 8 large stations, wax station, retail display cabinet, reception desk, 2026 POS system, color room, two shampoo bowls, dryers, large seating areas, large chair mats, office
*Second location- 3 chair stations, seating, 2026 POS system, wax station - Market Outlook / Competition
- We're the only walk-in Salon on the area, averaging 450 ppl weekly at main salon
140 walk in at second location - Opportunities for Growth
- More services, extensions, make up, neighboring store is available to expand size of Salon
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,500
- Rent
- $1,700 per month
- Lease Expiration
- 12/31/2026
About the Sale
- Seller Motivation
- Retiring from owner role
- Transition Support
- Offering POS transition, internet
Listing Info
- ID
- 2531717
- Listing Views
- 6
Listing ID: 2531717 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.
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