New Head Spa in Chicago West Suburbs

Asking Price$350,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$300,000

Inventory$10,000
Included in asking price
FF&E$110,000
Included in asking price
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New Head Spa in Chicago West Suburbs


Asking Price$350,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$300,000

Inventory$10,000
Included in asking price
FF&E$110,000
Included in asking price

Seller Financing Available
Business Description
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.
About the Business
Years in Operation
3
Employees
4 (1 Full-time, 3 Part-time)
Facilities & Assets
FF&E plus brand new buildout
Market Outlook / Competition
Head Spa's are very new and hot in the market. This spa is located on a high traffic roadway in an upscale affluent city
Opportunities for Growth
Plenty of growth opportunity with very little marketing done and no material memberships
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,250
Rent
$2,604.17 per month
Lease Expiration
1/1/2033
About the Sale
Seller Motivation
Growing family responsibilities
Transition Support
Owners willing to train new Buyer
Financing Options
SBA Approved + Limited Seller Financing
Listing Info
ID
2517232
Listing Views
25

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Business Listed by: Bruce Povalish SMB Business Brokers PLUS

Listing ID: 2517232 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.