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Tanning Salon featuring Red-Light Therapy, Massage, Waxing..…………...$69,000.00 + inventory

SOLDFinancial Details

Asking Price: $69,000
Gross Revenue: $209,494
Cash Flow: $43,900
Inventory: $7,000 **
Real Estate: n/a
FF&E: $37,510 ++

++ included in asking price
** not included in asking price

Business Description

Tanning, Skin, and Body Care Salon for sale in Chicago has an A+ rating with the Better Business Bureau as an Accredited Business with a long-standing commitment to the community as well as to its loyal clientele. This business has an advanced business model that remains a beckon for retail and that represents long-term excellence among its peers in retail. Evidence of this is seen time and time again with excellent press and very positive customer reviews.

The current owners purchased the business approximately ten years ago and immediately began enhancements to create a higher level experience for their customers by including the installation of new flooring, redesigned tanning facilities, a spray tan room, massage therapy services, red light therapy, facial services, waxing services, and the purchase of higher quality equipment as well as offering high quality organic skincare product lines. This is a one-stop tanning/skincare salon for many of your skin/body care needs.

The only experience of this kind or caliber in the neighborhood for patrons seeking to take advantage of a healthy environment to thoroughly tan or receive multiple types of skin/body therapy. Already having established itself for many years, this business is poised to take its clientele to a level beyond what would be expected from a salon of this type, but at the same time generate income for an owner by way of its multi-dimensional revenue stream capability.

Located in close proximity to multiple major CTA “L” and bus stops as well as major traffic routes, this business is nestled in the center of a very populated neighborhood with a captive audience that fit into a perfect demographic to use these services. A very loyal clientele already exists and with a consistent marketing campaign, the customer reach can be extended to draw from many other city neighborhoods. The location offers high frequency of foot traffic during all hours of the day. This is a unique turnkey business providing a welcome departure from the norm and with potential for an experienced entrepreneur to take it to the next level.

About the Business

Year Established: 1985
Number of Employees: 3PT
Facilities: 1100 sq ft (approx) with several rooms for a variety of services.
Market Outlook/Competition: Excellent outlook as no competition in close proximity and excellent history/reputation and reviews as well as with A+ BBB accreditation.

About the Sale

Reason For Selling: Relocation and Retirement.
Training/Support: Yes, seller will provide training.
Gross Revenue Comments: Seller will happily discuss all details.
Cash Flow Comments: Seller will happily discuss all details.

Contact: Dennis Hansmann (President/Managing Broker/Owner) or 312-360-1955

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