Hillsborough County Salon/Spa

Hillsborough County, NH

Hillsborough County Salon/Spa
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Asking Price: $249,900

Cash Flow: $85,000

Gross Revenue: $515,000

EBITDA: N/A

FF&E: N/A

Inventory: $12,000*

Rent: $6,700 /Month

Established: 1987

*not included in asking price.

Hillsborough County Salon/Spa

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Business Description

Extremely popular and regionally renowned salon and spa, serving clients for over 3 decades.
This salon/spa has been dedicated to serving the greater southern New Hampshire area with the newest styles and trends from the ever-changing world of fashion.
Services include; hair, nail, skin, sun, and massage treatments
Sale assets include 8 tanning booths as an additional revenue stream of which 2 are conventional beds, 2 bronzing beds, and 4 power booths.
Sale to include 11 chairs, 3 pedicure and 3 manicure stations.
Open 6 days/week, high visibility with ample parking, great signage, easily accessible to RT 101.
Business services the communities of Amherst, Hollis, Milford, and surrounding towns.
Staff includes 8 technicians; 7 experienced and well loved stylists as well 1 highly trained esthetician resulting in a loyal customer base.

Detailed Information

Location:
Hillsborough County, NH
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,200
Lease Expiration:
10/7/2022
Employees:
8
Facilities:
Great Store Frontage that has 2 Separate entrances . Lot of Storage & Tastefully Fit Up for Efficiency and Comfort
Competition:
All inclusive, 30+years in business, loyal customer base, convenient for all beauty services and treatments.
Growth & Expansion:
Update social media, increase online sales to include retail, appointments, gift certificates, expand hours, host events, price increase on tanning. Semi-absentee owner
Financing:
Seller will consider some owner financing to qualified buyer.
Support & Training:
Owner will assist in the transition; 2 weeks to 1 month
Reason for Selling:
Owner retiring
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Jay DelMonte

Business Listed By:
Jay DelMonte

RE/MAX Innovative Properties

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