Congratulations to Managing Director, Aaron Fox , for successfully facilitating the sale of a high-end salon to the management team. This well-established salon has been providing high-end services to a large customer base of professionals and affluent patrons. The team of managers had an interest in taking over the salon though purchasing it from a retiring owner and continuing the legacy of this awarded and very profitable business.
Aaron, worked with the buyers to navigate the process though lending, landlords, deal structuring and supplier transitions. Utilizing the SBA programs offered by our strategic lender partners, the Transworld Boston team was able to work with the buyers to secure favorable lending terms and additional capital lines to expand on this already exceptional business.
Like many business transactions, numerous obstacles were faced in getting this business to the closing table. Aaron played a critical role in navigating many parts and relationships with lenders, lawyers, accountants, appraisers, and brokers to ensure a smooth and successful transaction!
Transworld wishes the buyers the best of luck as they embark on their new entrepreneurial career. We also congratulate the seller as he looks forward to enjoying free time in his retirement. Applauds to Aaron Fox on another successful sale!
With a track record of over 10,000 businesses sold over the past 40 years, Transworld is the nation’s leader in business sales. Transworld Business Advisors of Boston (www.tworld.com/boston) specializes in providing the crucial services needed to facilitate successful business sales, assisting owners and buyers throughout every step of the business sales process.