George & Company

Hair Salon / Day Spa #15645

Worcester County, MA

 

Seller Financing Available

 

Asking Price: $749,000

Cash Flow: $229,468

Gross Revenue: $1,220,725

Inventory: $30,000*

Rent: $3,800 /Month

Established: 2003

Business Description

BACK OPEN FOR BUSINESS AND AS GOOD AS EVER!
First month of re-opening saw revenues almost back to normal with parts of the business still waiting to fire up (day spa and medspa didn't open until later in June)

Owners took great care to stay in contact with their customers during the COVID situation. Home care packages, email communications, gift card sales, etc. kept clients informed, supplied and loyal to the business.

The furnishings and decor scream elegance and warmth for clients looking for a day of beauty, whether that's a simple cut, color or lavishing yourself with day spa/med spa services.

This is a premier, full-service hair salon and spa operation in a wonderful suburban setting. The business provides more than 14,000 services per year with a database of over 2,000 repeat customers.

This salon is a leader in employee benefits by providing disability insurance, vacation, sick time, flexible spending accounts, and retirement plans. This creates great loyalty and business continuity.

There are tremendous opportunities in growing the spa side of the business and even expanding further into medspa services, which is a strong trend for the future.


Attached Documents

Click for CA


Detailed Information

Location: Worcester County, MA

Inventory: Not included in asking price

Real Estate: Leased

Building SF: 3,500

Employees: 27

Facilities: 3,500 Sq. Ft. facility with plenty of parking.

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

Reason for Selling: Retirement

Contact: Ron Ekstrom

Contact Phone: 508-753-1400  

Contact Email: info@georgeandco.com  


Looking for More Information?

Before we can give you any further information, you must fill out, sign, and mail our Confidentiality Agreement (to get full access this form, as well as the ability to Submit electronically, please click the DOWNLOAD button in the upper right and save it to your computer. 

If you do not have the latest version of Adobe®Reader®, please click the "Get Adobe®Reader®" download button below).

If you are having trouble viewing or completing the Confidentiality Agreement in the link above, please complete and submit this online form and someone will contact you to assist.