Please ensure Javascript is enabled for purposes of website accessibility Profitable and High-end Salon in Greater Boston for Sale | Transworld Business Advisors Boston UA-80162520-1

Profitable and High-end Salon in Greater Boston for Sale

Listing Number: 80041-130013

Description

Busy and profitable hair salon located in an affluent town center near Boston for twenty plus years. The salon has consistently generated revenues of over $1 million year over year. The salon provides high-end cuts and colors to clientele. The salon has a team of twenty plus with tremendous talent and experience. It is due to this team that they created loyal customers and a strong referral system. At a time when smaller salons were closing in the area due to COVID, this one remained resilient due to the team, high-end client base, and referrals they built in the community. They were able to easily adapt to the COVID guidelines and are running strong. The owner is looking scale back after 25 plus years of ownership and is willing to work with the new owner to not only transition, but also to continue build the salon and reputation.

Inquire today to learn about this turnkey opportunity and for more details about new SBA initiatives, including how to get payments forgiven for 3 months!

Listing Details

  • Price: $ 350,000
  • Down Payment: $67,500
  • Sellers Discretionary Earnings: $ 197,433
  • Total Sales: $ 1,404,748
  • Location: Middlesex County, Massachusetts

  • Inventory: $ 0
  • FF&E: $ 162,000
  • Employees: 21
  • Year Established: 1979
  • Reason for Selling: Retirement
  • Category: Beauty/Personal Care
Profitable and High-end Salon in Greater Boston for Sale

Business Listed By:

Jennifer Fox
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