Catylist ID: #30512037
Hillsborough County Salon/Spa
Undisclosed Address, Hillsborough County, NH
Business Opportunity for Sale
|Catylist Listing ID:||30512037|
|Property Subtypes:||Hair and Beauty|
|Building Size (RSF):||3,200 SF|
|Year Business Established:||1987|
|Gross Revenue:||$515,000 (Annual)|
|Cash Flow:||$85,000 (Annual)|
|Sale Terms:||Cash to Seller|
Overview / Comments
Extremely popular and regionally renowned salon and spa, serving clients for over 3 decades.
This salon/spa has been dedicated to serving the greater southern New Hampshire area with the newest styles and trends from the ever-changing world of fashion.
Services include; hair, nail, skin, sun, and massage treatments
Sale assets include 8 tanning booths as an additional revenue stream of which 2 are conventional beds, 2 bronzing beds, and 4 power booths.
Salon to include 11 chairs, 3 pedicure and 3 manicure stations.
Open 6 days/week, high visibility with ample parking, great signage, easily accessible to highway.
Business services the communities of Amherst, Hollis, Milford, and surrounding towns.
Staff includes 8 technicians; 7 experienced and well loved stylists as well 1 highly trained esthetician resulting in a loyal customer base.
Sale includes Business Assets, FF&E, and Goodwill @$249,900.
|Industry Segment:||Beauty Salons and Barber Shops|
|Reason for Selling:||Owner retiring|
|Value of Inventory Included ($):||$0|
|Value of Furniture, Fixtures, and Equipment ($):||$0|
|Value of Real Estate Included ($):||$0|
|Real Estate Lease Description:||3200SF at $6700/month; includes taxes, CAM|
|Employee/Labor Description:||8 dedicated staff|
|Mgmt/Training Support Description:||Owner will assist in the transition; 2 weeks - 1 month|
|Competition/Market Description:||All inclusive, 30+years in business, loyal customer base, convenient for all beauty services and treatments.|
|Growth/Expansion Opportunities:||Update social media, increase online sales to include retail, appointments, gift certificates, expand hours, host events, price increase on tanning. Semi- absentee owner|
|Seller Financing Description:||negotiable, Seller will consider some owner financing to qualified buyer.|
Kathy MacKinnonRE/MAX Commercial Innovative Properties
Jay DelMonteRE/MAX Innovative Properties
|© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.|