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Listed by:

SMB Business Brokers PLUS

Broker license number: 310002063

New Head Spa Upscale West Suburban Chicago For Sale

Glen Ellyn, Illinois, US
Asking Price:
$350,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$300,000
Cash Flow:
On request

This is a new fully built-out, modern boutique head spa located in a high-traffic Chicago western suburban retail corridor. The opportunity is structured as a cash flow sale and provides a turnkey setup for an expansion location or current salon key employee looking to be their own boss and step into a professionally designed space without the cost, time, and disruption of a new $100K+ build-out. The business has been SBA pre-qualified with some seller financing available with a low down payment.

The spa occupies approximately 1,250 square feet and features 5 treatment rooms/areas, a front desk check-in area and “blow-out” area. The layout is open, efficient, and designed to deliver a strong client experience from entry to checkout.

Current ownership is only doing limited marketing so there is the potential for major sales improvement. The rear of the space includes a large storage room, washer and dryer, break room and private restroom.

The lease is secured through January 2030 + 3 year option, providing long-term stability. Current base rent is $2,060 per month with modest annual increases of 3.3% per year.

All furniture, fixtures, equipment, and existing product inventory are included in the asking price.

Property Information

Real Estate:

Lease

Lease Terms:

thru Jan 2030 + 3 yr option

Lease Rent:
$25 per sq ft per annum
Location:

Prime location on Roosevelt Road (daily traffic count 33,000)

Premises Details:

1,250 s.f. with 5+ treatment rooms

Size in square feet:
1,250

Business Operation

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

NONE

Competition / Market:

New technology stress relief head spa

Reasons for selling:

Family Time

Trading hours:

M-F 9:00am-6:00pm
Sat 9:00am-12:00pm
Sun- By Appointment

Employees:
3
Years established:
2023

Other Information

Support & training:

Owners are willing to aid in transition for up to 90-days

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

SBA 7A qualified

Furniture / Fixtures value:
$110,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price
Website:
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Relocatable:
This business can be relocated

Listed by

SMB Business Brokers PLUS

Broker license number: 310002063