Two Highly Profitable Salon And Spas For Sale
Location Massachusetts,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1400000
Net Profit / Cash Flow $307000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1999
Number of Employees 20 - 34
Inventory 182000
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training The owners will offer support and training for several months. Most of the employees will most likely transition with a new owner and several have class 1 licenses. With the sale of both locations, the seller would be willing to stay on and work for a new
Description Two upscale salon and spas are available for sale. The two locations generated $1,400,000 in revenue in 2008 and over $300,000 in income for the owners. This business has been successful by providing multiple superior services in an upscale setting. Additionally, they are the only high-end salon and spas in the area and have attracted clientele who want to receive high quality services in a posh setting but do not want to travel into downtown Boston. Median household incomes in the surrounding towns are $75,000 to over $100,000.
The locations offer services for both men and women, including hair, nails, massages, facials, body treatments, waxing, makeup and tanning services. They also sell high-end beauty products that cannot be found at any competing salon nearby. For more information, please email or call Sarah Gudema at 617-562-5700.
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