Middlesex County, MA Business - Salon - George & Company

Turn-Key, Profitable Salon – Offers Invited #15532

Seller Financing Available

 

Asking Price: $159,000

Cash Flow: $115,000

Gross Revenue: $500,000

FF&E: $30,000

Inventory: $10,000*

Rent: $2,058 /Month

Established: 1987

 

*not included in asking price.

Business Description

  • Great Northern Middlesex County Location in the Lunenburg/Groton area.
  • In business for 30 years this Salon is fully staffed and well run, a new owner wouldn't need trade experience. 
  • Team is NOT heavily dependent on owner actually working the business.
  • Motivated Seller recently moved and commute is an hour plus, therefore,

 

All Offers Invited


Attached Documents

Click for CA


Detailed Information

Inventory: Not included in asking price

Real Estate: Leased

Building SF: 1,296

Employees: 7

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: Leased 1,296 sf space located in a recently updated plaza with great visibility - the new plaza owner has the plaza completely rented which has increased foot traffic.

Competition: One of the only large, upscale full-service salon in the area. They are also open Sat & Sun day hours

Growth & Expansion: The current seller is not doing much marketing.

Financing: Possibly some seller financing for a well-qualified buyer.

Support & Training: Seller supports training to aid in a smooth transition.

Reason for Selling: After 30+ years in the business seller wishes to slow down.

Contact: Lori Jacobson

Contact Phone: 508-753-1400  

Contact Email: info@georgeandco.com  


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