A Chic, High-Class Salon Business For Sale In Downtown Boston

Listing ID: 1258

Financial Information
Asking: $135,000
Gross: 342,000
Cash Flow: $78,000

Summary Description
This salon strives to offer the most high-end, up-to-date styling services in a relaxing and professional environment that is also conveniently located and accessible for its customers. With reasonably-priced services, it also aims to serve clients who have high-end taste but appreciate these services at a more affordable price. The 1,500-square-foot salon offers a variety of styling and coloring services for both men and women, as well as manicures, pedicures and eyebrow threading. It also sells high-end brands of shampoos/conditioners and styling products. Because the hair industry is forever evolving, the salon's stylists constantly expand their knowledge by attending workshops and training sessions and keeping up-to-date on the latest trends out of Europe and New York. Due to all of these factors, the salon has an excellent reputation and a steady flow of repeat customers. Additional leads are generated through investments in search engine advertising, seasonal promotions, yellow page ads and direct mailings. Similarly, the shop runs an attractive Web site, which lists pricing, products and contact information.

General Information
Facilities: A 1,500-square-foot shop equipped with eight new and excellently cared-for styling stations.
Growth and Expansion: The current owners invest a significant amount of time and money in marketing and sales. This could easily be increased to build awareness of the business and draw in new customers. Marketing could include more aggressive investing in online search advertising or area newspaper/magazine ads. With a little investment, this business could be easily expanded to provide a big return. New owners could take on additional stylists who could draw in more clients. Similarly, more aesthetician services, such as waxing and facials, could be added.
Support/Training: The owner, a master hairstylist whose skilled techniques draw in many customers, will offer support and training. He is also willing to stay on and work for the buyer.
Reason Selling: Owner wishes to work as a stylist without the day to day running of the business
Year Established: 2005
Employees: 7

Contact: Sarah Gudema
Phone: 617-562-5700

BayState Business Brokers, 60 Leo Birmingham Parkway Suite 1L Boston, MA 02135

T: 617-562-5700, F: 617-562-5701

info@mabusinessbrokers.com