Business For Sale

Spa in Prime Chicago Shopping District

Chicago, IL
Cook County

Asking Price: Annual Revenue:
$100,000 $388,939

Services: Hair, Nails, Spas, Tanning

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RE: Spa in Prime Chicago Shopping District Broker: Dennis Hansmann

Quick Facts

Asking Price: $100,000
Annual Revenue: $388,939
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 8
BBN Listing #: 347537950
Broker Reference #: S171

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Business Overview:

This spa has been in business for many years and is located in the heart of the primary shopping district in Chicago. The spa has been featured on various TV shows over the years on major networks such as ABC, NBC, etc. The spa is considered a very eco-friendly spa with the types of product it features and the model for services. Very high-end location that shares a building and common area with renowned restaurants frequented by celebrities and political figures as well as local residents from the city and suburbs. Very unique space that is front and center for all people entering this building for business, for dining, and for all other purposes.

The spa offers multiple lines of high-end skin care for sale and use within the spa. The facial treatments are very well received as are all the nail and massage services. The spa offers multiple massage rooms and has great variations to choose from as far massage techniques by different therapists.

This spa can be arranged and decorated very easily in all types of ways for seasonal events. The spa is quite large with a capacity to host skincare master classes and the like. A new owner who is active or semi-active can elevate the business well beyond its current state. Current 3-year average sales are approximately $388,939.00 but have been much-much higher with a more active owner operator. The annual gross sales can reach a million dollars plus with an engaged owner familiar with the industry and who is capable of getting excited about making people feel great!

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Property Features and Assets:

One of a kind facility with high-end client exposure. In a very professionally managed building where thousands of people enter or pass in front of daily.

Market Competition and Expansion:

Unique space and location with a successful history and huge upside for an experienced professional from the industry. Spa operations and nail salons exist in just about every neighborhood, but a good operator can differentiate themselves and draw clientele to them in large part based on providing quality service. This business simply needs an attentive operator.

Reason for Selling:

The seller has an entirely different profession.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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