Thriving Hair Salon with Loyal Customer Base

Name: Thriving Hair Salon with Loyal Customer Base
Brand: Transworld Business Advisors
Price: 150000 USD
Availability: InStock

Listing Number: 60348-984976

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Listing Details

Price: $150,000

Location: Middlesex County, Massachusetts

Down Payment: $150,000
Sales: $719,695
Seller's Discretionary Earnings: $131,857
Inventory: $2,000
Furniture, Fixtures, and Equipment: $41,309
Rent: $4,126
Employees: 10
Year Established: 1983
Reason for Selling: Other interests

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Business Listed By

Jeffrey Hollow

(508) 974-9227 [email protected]

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Business Description

The salon has been providing high-quality hair care services for 40 years. It has 8 employees. The salon bills in the top 5% of the industry by square foot and it has successfully grown over the past 4 decades, providing a necessity as well as a luxury to its growing customer base. Revenue primarily comes from hair cutting (50%) and hair coloring (35%), but other services (5%) and salon retail products (10%) are a key growth expansion opportunity.