Hot Listing
Turnkey Salon Suite Business – Prime Location, Below-Market Rent
Business Description
Passive Income Beauty Business – Below-Market Rent Opportunity
This is a rare opportunity to acquire a well-established salon suite rental business located in a high-traffic, desirable neighborhood. With fully occupied suites and reliable tenant income, the business runs with minimal day-to-day involvement, making it ideal for an absentee or semi-absentee owner.
11/12 suites are currently leased at below-market rates, offering a clear path for revenue growth through strategic rent adjustments.
Each suite is designed for independent beauty professionals including hairstylists, estheticians, lash techs, barbers, and massage therapists. Of the 12 total suites, 11 include shampoo sinks; 1 suite is plumbed but does not currently have a sink, making it ideal for a lash, brow, or massage-focused tenant.
Key Highlights
12 fully built-out suites – 11 with sinks, 1 without
High occupancy rate with long-term tenants
Modern buildout with salon-grade plumbing and finishes
Low overhead, high margins – utilities and internet included
No employees required – tenants are independent contractors
Below-market rents – room for increased profitability
Secure, private access for each tenant
Opportunity to expand with retail sales, events, or virtual education
This is a rare opportunity to acquire a well-established salon suite rental business located in a high-traffic, desirable neighborhood. With fully occupied suites and reliable tenant income, the business runs with minimal day-to-day involvement, making it ideal for an absentee or semi-absentee owner.
11/12 suites are currently leased at below-market rates, offering a clear path for revenue growth through strategic rent adjustments.
Each suite is designed for independent beauty professionals including hairstylists, estheticians, lash techs, barbers, and massage therapists. Of the 12 total suites, 11 include shampoo sinks; 1 suite is plumbed but does not currently have a sink, making it ideal for a lash, brow, or massage-focused tenant.
Key Highlights
12 fully built-out suites – 11 with sinks, 1 without
High occupancy rate with long-term tenants
Modern buildout with salon-grade plumbing and finishes
Low overhead, high margins – utilities and internet included
No employees required – tenants are independent contractors
Below-market rents – room for increased profitability
Secure, private access for each tenant
Opportunity to expand with retail sales, events, or virtual education
About the Business
- Years in Operation
- 6
- Employees
- 0
- Facilities & Assets
- The business occupies a well-maintained leased commercial space with excellent visibility and consistent foot traffic. The lease has 2.5 years remaining with favorable terms and renewal options available. The space includes 12 private suites, each furnished with secure locks. Tenants enjoy access to a shared waiting area and break room.
A brand-new water heater was recently installed, ensuring reliable hot water and minimizing future maintenance issues. Utilities, janitorial services, and Wi-Fi are included in tenant rent. - Website
- https://www.beyondsalonsuites.com
- Market Outlook / Competition
- The salon suite model is booming as beauty pros seek independence. Located in a high-traffic Chicago area, this fully leased business offers below-market rents, a boutique vibe, and strong tenant retention. Competes well with franchises like Sola and Phenix by offering lower overhead, personal feel, and upside potential.
- Opportunities for Growth
- Pros:
Raise rents to align with market rates
Add retail sales or day rentals
Expand to new locations using the same model
High demand for private salon spaces
Cons:
Rent increases may risk tenant turnover
Expansion requires upfront capital and time
Limited physical space for adding new services
Market saturation in some areas with larger franchises
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,700
- Rent
- $8,113.00 per month
- Lease Expiration
- 7/1/2027
About the Sale
- Seller Motivation
- New Business Venture
- Transition Support
- Owner will provide 2–4 weeks of transition support to ensure a smooth and successful handover, including systems, processes, and tenant onboarding.
Listing Info
- ID
- 2382713
- Listing Views
- 1349
Listing ID: 2382713 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.
Businesses for SaleIllinois Businesses for SaleIllinois Hair & Beauty Businesses for SaleIllinois Beauty Salons & Barber Shops Businesses for Sale
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