2753 Ashland Avenue

    Chicago, IL 60614
    • $195,000
    • STATUS: Active
    • ON SITE: 213 days
    • MLS #: 10504254
    UPDATED: 10 min ago
    $195,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,650
      SQFT
    • $118
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Incredible opportunity to own a very successful turn-key spa with a dedicated book of business. This Organic Spa provides a sanctuary with a modern and environmentally friendly edge. The full-service business offers facials/photofacials, laser vein and hair removal, laser skin rejuvenation, body contouring, infrared aromatherapy body wrap, eyelash extensions, tine and perm, organic spray tanning, detox foot spa, waxing, makeup and much more. Annual gross sales are around $300,000, rent is only $1,360 per month and over $10,000 in inventory included. Located in Lincoln Park surrounded by new residential developments and on a street with over 46,000+ vehicles per day. This is your chance to own a very successful cash flowing business. In addition to the business, over $150,000 in new Spa equipment including a 2019 purchased Horizon multifunctional laser system, Viora Reaction contouring and facial machine and a Thermojet Morfologic Infrared Body Slimming Wrap system can be purchased for an additional $94,000. Still operating as a business - DO NOT DISTURB EXISTING BUSINESS.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Baz Network | Keller Williams Elite. Based on information submitted to the MRED as of 2020-04-04T22:49:47.763 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.bazrealtynetwork.com/homes/98594778

    2753 Ashland Avenue Chicago, IL 60614

    • Price: $195,000
    • Status: Active
    • Updated: 10 min ago
    • MLS #: 10504254
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,650
    SQFT
    $118
    $/SQFT
    Neighborhood:
    Chi - Lincoln Park
    County:
    Cook
    Area:
    Chi - Lincoln Park
    Property Description
    Incredible opportunity to own a very successful turn-key spa with a dedicated book of business. This Organic Spa provides a sanctuary with a modern and environmentally friendly edge. The full-service business offers facials/photofacials, laser vein and hair removal, laser skin rejuvenation, body contouring, infrared aromatherapy body wrap, eyelash extensions, tine and perm, organic spray tanning, detox foot spa, waxing, makeup and much more. Annual gross sales are around $300,000, rent is only $1,360 per month and over $10,000 in inventory included. Located in Lincoln Park surrounded by new residential developments and on a street with over 46,000+ vehicles per day. This is your chance to own a very successful cash flowing business. In addition to the business, over $150,000 in new Spa equipment including a 2019 purchased Horizon multifunctional laser system, Viora Reaction contouring and facial machine and a Thermojet Morfologic Infrared Body Slimming Wrap system can be purchased for an additional $94,000. Still operating as a business - DO NOT DISTURB EXISTING BUSINESS.
    Exterior Features

    Approx Land Sq Footage 1650 Lot Dimensions 30X55 Lot Sq Ft 1650 Number Of Parking Spaces 0 Waterfront YN No

    Interior Features

    Air Conditioning Central Air Number Of Stories 1

    Property Features

    Adj Net Inc Expense Source Actual Adjusted Net Income 153632 Ann Rnt Expense Source Actual Annual Rent For Real Estate 16320 Business Age 4-6 Years Business Name Biolife Organic Spa Business Type Beauty Salon/Barber Corporate Limits Chicago Cost Of Goods Expense Source Actual Cost Of Goods Sold 90501 Cost Of Goods Year 2018 Electrical Service 0-100 Amps Gross Payroll 37277 Gross Payroll Expense Source Actual Gross Payroll Year 2018 Gross Profit 198148 Gross Profit Expense Source Actual Gross Profit Year 2018 Gross Sales Ann Expense Source Actual Gross Sales Ann Year 2018 Gross Sales Annual 288649 Heat Ventilation Central Heat/Indiv Controls Inventory 10000 Inventory Expense Source Actual Inventory Year 2019 Known Encumbrances None Known Net Operating Income Year 2018 Net Profit 153632 Net Profit Source Actual Number Of Emp Full Time 2 Possession Closing Property Offered For Sale Only Real Estate Included YN No Tax Year 2018 Taxes 0 Tenant Pays Air Conditioning Total Op Exp Year 2018 Total Op Expense Source Actual Total Operating Expenses 44516 Type Of Lease Gross Lease Type Ownership Business Corporation Unincorporated YN No Zoning Type Rtail

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Be Realty, Llc.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Baz Network | Keller Williams Elite. Based on information submitted to the MRED as of 2020-04-04T22:49:47.763 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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