Tupelo Data Room
Spas, Other Health Care & Fitness
Active

Premium Wellness & Med Spa Affluent Far Northwest Suburb - Turnkey!

Lake County, Illinois, United States
listing image
Asking Price$150,000
Revenue-
EBITDA-
Cash Flow-
Description
"Beautifully Designed - Professionally Equipped - Premium Market - Endless Possibilities" Your opportunity to acquire a beautifully designed, fully built-out wellness & med spa facility in 1 of Chicagoland's most affluent & desirable communities. Located within a busy shopping center in the heart of a sought-after nw suburb of Chicago. This 2,614 sqft wellness center offers a rare chance to step into a professionally designed operation without the time, expense & uncertainty of building from scratch. The existing infrastructure significantly reduces startup costs & allows a new owner to begin generating revenue immediately instead of spending mths on architectural design, permitting, construction, equip procurement & inspections. This exceptional facility has been thoughtfully developed since 2020 w/multiple private treatment rooms, designer finishes, dedicated aesthetic treatment areas, HIPAA-compliant workstations, upgraded electrical, quality cabinetry & an inviting reception area that creates an upscale experience. The current owner is relocating her chiropractic practice & chiropractic assets. This asset sale includes the completed leasehold improvements, a premium FF&E package & a leasehold opportunity, giving a buyer complete freedom to launch their own concept immediately. Included is an impressive equip package w/a replacement value exceeding the asking price: * UltraSlim Red Light Therapy System * BTL Emsella Chair * Clearlight Full-Spectrum Infrared Sauna * Styku 3D Body Scanner * 2 Vibration Plates * Traction Equip * Professional Massage & Treatment Tables * 2 Dell HIPAA-Compliant EMR Stations * Setmore Scheduling Platform * Square POS * Website As well as its SimpleText marketing platform w/~8,000 contacts & established vendor relationships incl Orthomolecular, SuperPatch & Peptide Melts. And an added benefit is the property's existing room-rental model. Independent wellness & aesthetic practitioners currently lease treatment rooms on mth-to-mth agreements, generating ~$2,300/mth in recurring rental income. A buyer may continue the existing model for immediate cash flow, transition renters into longer-term leases or gradually convert the space into a completely owner-operated practice. This opportunity offers an exceptional combination of premium location, luxury build-out, valuable equipment, built-in marketing assets, existing rental income & unlimited flexibility - all at a cost far below what it would take to recreate today. This is an ideal acquisition for physicians, chiropractors, nurse practitioners, physician assistants, aestheticians, wellness entrepreneurs or physical therapists seeking a premium turnkey wellness facility in 1 of the Chicago area's highest-income communities. Prime retail space in 1 of Chicago's most affluent suburban communities, this exceptional facility enjoys a highly visible position along 1 of its primary commercial corridors w/~20,000 VPD, providing outstanding daily exposure to local residents & commuters alike. Near numerous complementary businesses & daily traffic generators including fitness studios, healthcare providers, personal service businesses, professional offices, financial institutions, retailers, restaurants & grocery stores creating natural cross-shopping opportunities & a steady stream of clients. Its surrounding thriving commercial district has become a destination for residents seeking premium lifestyle services, making it an outstanding location for virtually any wellness, medical spa, recovery, longevity or aesthetic concept. And just minutes from its vibrant downtown & Metra commuter rail station adding a steady flow of visitors & professionals throughout the day. Plus, the surrounding area is home to an impressive concentration of upscale neighborhoods - providing access to 1 of the highest-income consumer markets in the Chicago metro area w/median household incomes ~$150,000 & a mature demographic. Listed By Tim Ryan at EatZ & Associates
Real Estate
Rent is $3,824 per month
Building Size: 2614 sq. ft.
Furniture Fixtures & Equipment
$150k
Year Established
2020
Reason Selling
Current owner relocating her chiropractic practice out of state.
Facilities & Assets
Owners Role: Owner operated - active day-to-day. Square Feet: 2,614. Seating: N/A. Days/Hrs of Operation: Mo-Tu 10a-6:30p, We 10a-4p, Th 10a-6:30p, Fr 10a-1p (Closed Saturdays-Sundays). Value of FF&E: $150,000 (Included In Asking Price). Value of Inventory: Not Included In Asking Price. Leased space $3,824mth gross. Current lease expires Dec 2026. Landlord will provide a new lease with options.
Support & Training
Negotiable.
Market & Competition
One unique advantage is the seller's willingness to allow the purchaser to market to her established patient base, subject to her 1st right of refusal. This provides an exceptional head start for building clientele while allowing the purchaser to establish their own brand and service offerings. The flexibility of this opportunity is unmatched. Because no operating business is being transferred, buyers have complete freedom to create virtually any wellness-related concept supported by the existing build-out and equipment. Potential concepts include: Med Spa Wellness Collective w/Independent Practitioners Aesthetic/Skin Care Clinic Body Contouring/Weight Loss Center Boutique Luxury Wellness Spa Massage Therapy Collective Physical Therapy Practice Recovery & Performance Studio IV Hydration Lounge Longevity/Healthy Aging Center Hormone Optimization Practice Functional Medicine Practice Regenerative Medicine Clinic Holistic Health Center Hybrid Model
Growth Opportunities
Although already beautifully equipped, there remains tremendous upside for a new owner. Growth opportunities include: Develop recurring membership programs Expand aesthetics by adding treatments Introduce IV vitamin therapy, hormone replacement therapy, peptide therapy, medical weight-loss programs & longevity services Increase rental income by converting existing month-to-month practitioners into longer-term leases Continue to build a multidisciplinary wellness collective by leasing additional treatment rooms to complementary providers Expand retail sales utilizing existing vendor relationships Leverage the included website, ~8,000-contact marketing database, text marketing platform & social media presence to accelerate customer acquisition Develop corporate wellness partnerships with nearby professional offices Offer educational seminars, wellness workshops & community events to further establish the business as a premier wellness destination
Financing Options
No.
Asking Price$150,000