Turn-Key Profitable Salon - Offers Invited

Not Disclosed, MA
Middlesex County


Asking Price: Annual Revenue:
$159,000 $500,000

Services: Hair, Nails, Spas, Tanning


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RE: Turn-Key Profitable Salon - Offers Invited Broker: Karen Kelley
Owner Financing is Available!
Possibly some seller financing for a well-qualified buyer.

Quick Facts

Asking Price: $159,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: $115,000
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 1987
Employees: 7
BBN Listing #: 29302849
Broker Reference #: 15532

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Business Overview:

- Great Northern Middlesex County Location in the Lunenburg/Groton
area.
- In business for 30 years this Salon is fully staffed and well run, a new
owner wouldn't need trade experience.
- Team is NOT heavily dependent on owner actually working the business.
- Motivated Seller recently moved and commute is an hour plus, therefore,
All Offers Invited

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Property Features and Assets:

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.

Market Competition and Expansion:

One of the only large, upscale full service salon in the area. They are also open Sat & Sun day hours.

Reason for Selling:

Retirement.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

Relevant Links:

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