Personal Care ServicesVerified Seller
Beauty Salon in Elmhurst, IL - $400K - 7 Treatment Rooms, Prime Downtown Location
Elmhurst, Illinois
Asking Price$400,000
Annual Revenue$414,000
EBITDA / Cash FlowUpon Request
Executive Overview
Seize a premium opportunity to acquire a sophisticated beauty salon in downtown Elmhurst, IL, offering an established brand with proven financial performance and exceptional growth potential for $400,000.
Key Investment Highlights
- •Prime downtown Elmhurst location with high foot traffic
- •Seven fully-equipped professional treatment rooms
- •Specialized in waxing, lash, and brow services
- •Experienced 5-member professional staff
- •Consistent monthly revenue of $25,000 - $30,000
Founded in 2019, this salon has demonstrated remarkable resilience and financial strength, achieving impressive topline sales of $414K in 2022 and $411K in 2023. Despite recent economic challenges, the business maintains a solid foundation with strategic plans for revitalization and future growth.
The salon's financial performance is particularly compelling, with a robust gross profit margin expanding from 42.5% in 2022 to 47% in 2023, and a projected 46% for 2024. With a three-year blended EBITA of $77K, this business represents an attractive investment opportunity for entrepreneurs seeking a well-established beauty services enterprise with significant potential for expansion and optimization.