This is a nicely profitable beauty salon that is located in an affluent north-western suburb of Chicago. This salon has been operated by one owner for 16 years and the business has been at this same location since 1985. The business has a large customer base (over 3750 clients). The stylists are paid a 41% - 49% commission, based upon their volume of business with clients. Most of the current stylists have been with the business a long time – 6-9 years so there is a history of customers very satisfied with the stylists.
The new owner can expect to be making a profit quickly because of the excellent reputation of this salon. In addition to hair styling, the salon offers beauty products.
If you are in the salon or hair styling profession, you just have to explore this outstanding opportunity to get into a turn-key operation at an excellent entry price.

Historical Summary

This business owner has been working the present and only location for the past 31 years, becoming the owner in 2000.

Owner Qualifications

Owner will receive the most income by working in the salon as a stylist and manager. Some experience with managing independent stylists would be a plus but not necessary.


There are additional salons within a 1 mile radius of this salon, but no other salons in the mall. At one time, this salon was a part of the Fantastic Sam’s franchise, but the owner took it private to net more income.

Potential for Growth

As can be shown by business financials, growth can be improved with additional service offerings: it could offer massages, full facials and spray tanning with its private room along with hair extensions. It could also offer longer weekday hours and Sunday hours to further increase the net income. The new owner can also introduce new product lines such as boutique clothing or jewelry to the salon.

Posted Aug 23, 2016

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