Upscale Salon & Day Spa with Main Street Real Estate

Middlesex County, MA
Asking Price:$525,000
Real Estate:$228,000
Gross Revenue:$735,000
Established Year:2006
BUSINESS DESCRIPTION

Opportunity to own a thriving sustainability focused business

The salon and day spa is innovative and wellness-based, with an established 5-star brand. It operates in its commercial condominium in a renovated historic building in the center of a thriving town's main street.

Enjoy location, visibility, and reputation advantages in a growing market.

You will have the opportunity to grow an already thriving business, be your own landlord, control your occupancy costs, and enjoy the tax advantages of owning your own space.

Located in a small but affluent town, the client lists 12,000 contacts with almost 5,000 active clients. The average household income is $190,000. Clients are brand loyal, as the Salon and Spa is known for its community presence, talented and loyal staff, and quality services. Positioned as a product-conscious, sustainability-focused enterprise, this business is a premier vendor to the busy wedding business ecosystem that exists and is growing. Two treatment rooms service esthetics work.

This restored and renovated building has historic charm. It is situated in approximately 1000 sf of commercial space on the ground floor of a multi-use, renovated landmark property. It is adjacent to other wellness-based spaces, with an elegant front porch and visibility to the street. The owner has cultivated a high level of teamwork, trust, and consumer focus. Not all assets are fully utilized, so there is room for growth.


DETAILED INFORMATION
Location
Middlesex County, MA
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
1,000
Employees
13
Facilities
Buildout of the salon in 2018. Shared bathrooms with the adjacent commercial unit, private courtyard, and storage space available. Six hairstyling chairs, two hair washing/massage chairs, a pedicure bench, and two treatment rooms. Two mechanical esthetician beds were purchased in 2022. Customers park in the adjacent parking lot on-site and on the main street An elegant front porch adds charm and offers customers covered outdoor space for relaxation and processing.
Competition
Over 300 5-star reviews. Loyal repeat customer base. The revenue per square foot is at the top percentage of this industry. Location Location Location Years of advertising, online presence, and positioning results in an excellent market position
Growth & Expansion
The Seller has ownership of the Unit as well as the adjacent unit, potentially offering expansion possibilities to an interested buyer. Opportunity to fully utilize assets by hiring more as well as accepting more wedding business.
Financing
Allocation of price between property and business can be negotiated
Support & Training
Mentoring through transition is available
Reason for Selling
Retirement
Franchise
This business is an established franchise
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Raymond Murphy
Raymond Murphy