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Listed by:

SMB Business Brokers PLUS

Broker license number: 310002063

Proven Success Lincoln Park Boutique For Sale

Chicago, Illinois, US
Asking Price:
$235,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$350,000
Cash Flow:
On request

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

  • Excellent Lincoln Park location with strong foot traffic and an affluent, service-oriented demographic
  • 5.0-star rating with 145+ reviews praising cleanliness, professionalism, and results
  • Lean and manageable operation: 1 full-time + 2 part-time employees
  • Attractive lease at only $2,300/month through September 2028
  • $70,000 in FF&E and $2,500 in inventory included
  • Clear growth potential through expanded hours, stronger digital marketing, and additional services

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.

Property Information

Real Estate:

Lease

Lease Terms:

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

Leasehold Rent:

$28,000 per annum

Location:

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

Premises Details:

500sf Studio with low overhead and great volume

Size in square feet:
500sf

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

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

Competition / Market:

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

Reasons for selling:

Relocating with family to Florida

Trading hours:

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

Employees:
1FT 2PT
Years established:
17

Other Information

Support & training:

Owner has agreed to stay on during transition period

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

Limited Owner Financing available & SBA in pre-approval stage

Furniture / Fixtures value:
$70,000 - included in the asking price
Inventory / Stock value:
$2,500 - included in the asking price
Website:
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Related Documents:
Relocatable:
This business can be relocated

Listed by

SMB Business Brokers PLUS

Broker license number: 310002063