Busy, Upscale Salon For Sale

Recognized and idolized celebrity-type reputation 

Middlesex County, Massachusetts

Listing Number: 1659Icon Image- medium

Financial Information

Asking Price: $350,000

(included: +appx $15,000 inventory & $12,00 equipment)

Gross Revenues: $1,020,000
EBITDA: $76,500

 

Business Description

This business has generated robust revenues over the years, mainly because of strong word-of-mouth recommendations from a loyal and satisfied base of customers. The company’s reputation among upper-income customers has helped the company remain resilient during the current COVID-19 driven economic slowdown.

Nestled in a bustling, affluent suburban town center this salon is beautifully appointed and has relatively low overhead for the area. The salon and its ownership group have a strong reputation and following on social media and throughout the communities in which they serve. The owner is willing to stay on as a stylist at reduced hours (semi-retirement) to maintain the value and reputation of the business

The salon is similar to a day-spa serving men and women with a variety of hair, nail, waxing and facial treatments. The salon employs highly skilled stylists with who each have a strong following. With its dedicated following, prime location, and a reputation for both quality service and deluxe personal experiences, this salon is a rare steal for a prospective owner seeking to acquire a high-end hair and nail salon at a discounted price. *The prospective owner does not need to be a licensed cosmetologist/stylist. *

Growth and Expansion Opportunities

Marketing and advertising continue to be drivers.


General Information

Financing: A qualified buyer should be able to obtain SBA financing with 10% down.

Support & Training: The sellers will provide training and support to ensure a smooth transition.

Contact Information

Erin OLeary - Cropped

Erin O'Leary
info@mabusinessbrokers.com