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Business For Sale

SPA FOR SALE IN CHICAGO, NORTH SUBURBS

Attn: Dennis
Chicago, North Suburbs, IL, USA
Listing Number: "121908"
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Asking Price: $73,400 USD USA Dollars
Business for Sale Industry: Services: Hair, Nails, Spas, Tanning  
Reason for Selling: Seller has a full-time medical practice.
Year Established: 2003
# of Employees: 4
Yearly Cash Flow: $40,000
Yearly Gross Income: $179,000
 

Business for Sale Overview:

This Spa is in perfect condition and is very clean & very classy. Offering a wide variety of services to clients on the north shore & throughout Lake County, this spa has been making a name for itself for the past five years. From the beginning, this spa has been getting rave reviews for their complete line of services including: A full range of massage services, manicures, pedicures, facials, chemical peels, microdermabrasion, neck or lip treatment, body treatments, slimming treatments, waxing, fantasy tanning, eyelash extensions, eye brow tint, ear candling, and other spa packages. This spa also offers custom designed gift certificates for many occasions. This spa is located on a corner in the heart of a very heavily populated as well as affluent community. The business is on a major intersection facing the main route that all north & south traffic travels. All the businesses in the immediate area share very modern buildings and are surrounded by all the modern conveniences that are expected in a well-planned community. Mostly absentee owner that only is involved from a book keeping stand point. Current Managers wages are approximately $50,000 a year (owner would normally manage, take that salary & more). Huge growth potential with an active owner as this should easily be a $500,000 a year business. Beautiful interior design intended for comfort & relaxation. Custom design & craftsmanship throughout. Eight fully equipped, very modern & comfortable treatment rooms. Designed throughout with appropriate furnishings and amenities. Equipped to be an efficient operation with a large hot water heater, shower room, and washer/dryer. Massage tables, pedicure/manicure stations, microdermabrsion equipment, spray tan equipment, etc.


Property Features and Assets:

Approximately 1,700 square feet, Rent = $3,100 a month (approximately).


Market Competition and Expansion:

Excellent location, high traffic, high income community.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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