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Health & Personal Care

Proven Success Lincoln Park Boutique

Chicago, IL, USA
Listed 56 days ago

Executive Summary This is a rare opportunity to own a well-established, high-reputation waxing and beauty studio in one of Chicago’s most desirable neighborhoods. Located on North Clark Street in the heart of Lincoln Park, the business has operated successfully for over 17 years and enjoys a loyal clientele, outstanding 5.0 reviews, and a clean, low-overhead model. The owner is relocating out of state and is motivated to sell to the right buyer who will continue the studio’s strong reputation. She is prepared to provide hands-on transition support to ensure a smooth handoff of clients and operations. Key Highlights Asking Price: $235,000 Structure: Asset Purchase Seller Financing: Up to 10% seller note available This is an ideal lifestyle business for an owner-operator seeking strong cash flow, a premium location, and a turnkey operation with minimal management complexity. Full financial details and supporting documents are available to qualified buyers upon execution of an NDA.

Location

Lincoln Park Waxing Studio is a well-established, boutique waxing and beauty salon located in Chicago’s desirable Lincoln Park neighborhood

Employees

1FT 2PT

Lease Terms

Current lease expires 9/2028 with normal COLA increases in 2027 & 2028

Real Estate

Lease

Relocatable

This business can be relocated

Trading Hours

Monday - Friday 10-7pm Saturday10-6pm Sunday 12-5pm

Leasehold Rent

$28,000 per annum

Management Type

This business is owner operated.

Owner Financing

Owner financing is available. Please contact the seller for more information.

Premises Details

500sf Studio with low overhead and great volume

Years Established

17

Support & Training

Owner has agreed to stay on during transition period

Expansion Potential

with the lease expiring in 9/2028, this location is perfect for future expansion opportunities

Size In Square Feet

500sf

Competition / Market

Located in high traffic corridor on Clark Street, this location highlights affordable overhead and 17 years of client loyalty!

Inventory / Stock Value

$2,500 - included in the asking price

Reason for Selling

Relocating with family to Florida

Financials

Asking Price
$235K
RevenueMost Recent Year
$350K
EarningsLast Reported
Undisclosed
Assets ValueIncluded in Asking Price
$70K
Seller Financing
Yes

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