Tupelo Data Room
Hair Salons & Barber Shops
Active

Profitable Head Spa w/ New Build-Out!

Glen Ellyn, DuPage County, Illinois, United States
Asking Price$350k
Revenue$200k
EBITDA$70k
Cash Flow$65k
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.
Real Estate
Rent is $2,100 per month
Building Size: 1250 sq. ft.
Furniture Fixtures & Equipment
$110k
Inventory
$10kIncluded in Asking Price
Number of EmployeesFull-Time: 2Contractors: 2
Year Established
2024
Reason Selling
Family Demands
Support & Training
Owners agreeable to stay on during transition period
Market & Competition
Very upscale area with little head spa competition
Growth Opportunities
Market efforts are minimal so great opportunity with proper marketing
Financing Options
Seller financing is available.SBA Qualified Business
Related Categories
Salon for Sale
Business for Sale in Illinois
Asking Price$350k