949 Irving Park Rd Streamwood, IL 60107
- Specialty properties
- 1,800 SF
Current Use by Public Records
- Lavish Beauty Bar / Beauty Salon
Property Details for 949 Irving Park Rd
- Property size
- 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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Streamwood
- County
- Cook
- State
- Illinois
- Longitude
- -88.2003
- Latitude
- 42.0184
