This Is The Salon You Want

Middlesex County, MA

Seller Financing Available
This Is The Salon You Want
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Asking Price: $159,000

Cash Flow: $115,000

Gross Revenue: $500,000

EBITDA: N/A

FF&E: $30,000

Inventory: $10,000*

Rent: $2,058 /Month

Established: 1987

*not included in asking price.

This Is The Salon You Want

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Business Description

Salon Opportunity

Upscale, Full-Service Salon offers quality hair, nails and waxing services for their clients.

The Salon team is in place, a new owner could be Absentee, Behind a Chair or Managing this beautifully designed 1,300 sq. ft. leased salon.

Located in Northern Central MA in a recently updated plaza with great visibility. There is still space to grow

Gross Sales: Average $500,000 per year
Cash Flow: Average $115,000 (depending on owner's role)

Asking Price: $159,000

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,296
Lease Expiration:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased 1,296 sf space located in a recently updated plaza with great visibility - the new plaza owner has the plaza completely rented which has increased foot traffic.
Competition:
One of the only large, upscale full service salon in the area. They are also open Sat & Sun day hours
Growth & Expansion:
The current seller is not doing much marketing.
Financing:
Possibly some seller financing for a well-qualified buyer.
Support & Training:
Seller supports training to aid in a smooth transition.
Reason for Selling:
After 30+ years in the business seller wishes to slow down.
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Contact the Seller

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Christopher George, CBOA

Business Listed By:
Christopher R. George

George & Company/CentralBrokers

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