Services - Beauty & Barber Shops | Retail - Miscellaneous Retail

$Seller Financing Available

Asking Price	$99,876	Inventory	$2000**
Gross Income	$293,000	Real Estate
Cash Flow	$64,344	Year Established	1996
FF&E	$10,000*	Employees	8 part time

* included in the asking price

** not included in the asking price

Recently remodeled salon with a strong reputation for excellent service and repeat customers. Conveniently located in Medford/Somerville area, this is a great opportunity for a stylist who wants to increase the income from the business by also cutting hair and performing other services while owning their own business. Services provided include hair styling, body hair removal, manicure/pedicure, Brazilian waxing, Henna Eye Brow, etc. Business has long history of steady sales and profits. A full write-up with more details is available from the broker.

Facilities: This business has 800 square feet of space for 8 styling chairs plus 3 washing/coloring stations. Additionally, there is another 200 square feet of private space in the basement for services such as body hair removal, which requires privacy. The shop was completely renovated in 2006 and has a modern, sharp look and feel.

Competition: There are several salons in the area. This company distinguishes itself with cleanliness, interior design, trained and knowledgeable staff, outstanding customer service and superior equipment and pricing.

Growth/Expansion: The current owner is not a stylist. A new owner that is a stylist can increase profits by also performing services in the business. Additionally, the business pays an outside Class 1 stylist for the use of the license. An owner who is a Class 1 stylist can eliminate this expense.

Seller Financing Available: Yes

Financing: Seller may provide some financing to qualified buyers.

Support/Training: Seller will train new owner for up to two weeks, if needed.

Reason Selling: Other business interests.