949 Irving Park RdStreamwood, IL 60107

Property Details for 949 Irving Park Rd

Property size (Sq ft)

1,800 SF

Property type

Specialty properties

Description

This exceptional turnkey beauty business opportunity is located in the vibrant Sutton Park Shopping Center in Streamwood, Illinois. Boasting 1,800 square feet of beautifully appointed space, this established spa features a modern build-out completed in 2008 with recent improvements totaling $22,000. The total investment in the business, including equipment and inventory, is valued at $158,000. The asking price is $99,000. The space includes a spacious front area with a reception desk, multiple hair stations, a makeup area with three shampoo stations and three hair drying stations, a massage room equipped with a high-end massage table and facial equipment, a laundry area, a bathroom, and ample storage. High-end features include custom flooring, lighting fixtures, and a security system. The business enjoys high visibility, situated next to a Target and Marshalls, benefiting from a daily traffic count of 34,000 cars. With an 11-year history at this location, the business boasts a database of approximately 10,000 customers and generates a current average gross monthly revenue of $12,000-$18,000. The current lease extends until September 2024. The business currently operates with three employees (owner, one part-time, and one full-time). Operating hours are 11 AM to 8 PM Monday through Friday, and 9 AM to 5 PM on Saturdays and Sundays. Ample parking is available. The sale includes all equipment and inventory. Buyer is subject to owner approval for lease assumption or a new lease.

Location Insight

City

Streamwood

County

Cook

State

Illinois

Latitude

42.0184

Longitude

-88.2003

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