**Price Reduced** Profitable, Well-Established Upscale Salon

Middlesex County, MA
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Asking Price:$450,000
Gross Revenue:$1,288,390
FF&E:$190,000
Cash Flow:$133,889
Inventory:$35,000
BUSINESS DESCRIPTION

This salon serves clients looking for a new hairstyle, flawless color, highlights, re-texturing, or any other hair service. After over thirty years in business, the salon has established an excellent reputation and became an integral part of the local neighborhood.
Over the years, the salon’s commitment to providing a high-quality experience that helps every client look and feel great has allowed it to establish a long list of loyal clients. The owner’s passion for education and training has helped the salon build a fantastic team of hairstylists, all committed to continuing to grow and improve as stylists. The seller is willing to stay on to help recruit new staff from beauty schools and continue his weekly training program. He is also willing to stay on as a stylist.
After decades in the industry, the owners opened their first hair salon in the 1990s to address the gap they saw in how stylists were taught to grow their careers. Their commitment to bringing hair care innovation, top of the line products, and new trends in styling to the salon, coupled with their compulsive desire for personalized and consistent customer service helped build their brand into the well-known salon it is today.


DETAILED INFORMATION
Location
Middlesex County, MA
Inventory
Included in asking price
Employees
19
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Growth & Expansion
This salon stands out from its competitors thanks to its longevity, long list of loyal, satisfied customers, and its excellent reputation. To further stand out from the competition and to grow the business, the new ownership could continue to grow by adding additional stylists and increasing the number of clients.
Financing
A qualified buyer can obtain an SBA 7A loan with 10% down payment for the business.
Support & Training
The seller will provide training and support to ensure a smooth transition. He is also willing to stay on as a stylist.
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Stephanie Bloch
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Stephanie Bloch