Beautifully Designed and High Volume Salon on the Seacoast of NH for ...

Undisclosed Address, Hampton, NH
Business Opportunity for Sale
Catylist Listing ID: 30516656
Property Subtypes: Hair and Beauty
Building Size (RSF): See Agent
Sale Price: $150,000
Gross Revenue: $1,800,000 (Annual)
Cash Flow: $225,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 11/21/2020

Overview / Comments

You can't build a high-end Salon for this price. Only $150,000 plus inventory.

Great opportunity to acquire a high volume salon located on the Seacoast of New Hampshire for a minimal investment.  The Business has management in place that handles the day-to-day responsibilities.  Prior to Covid, this was one of the top grossing Salons on the Seacoast. It's beautifully designed space with a high-end feel. It is located in a high traffic location and has a loyal following. Seller spent hundreds of thousands on the buildout.

A completed NDA is required to receive location and related financials.

An NDA must be completed to receive location and related financials.

Additional Details

Industry Segment: Beauty Salons and Barber Shops
Reason for Selling: Divestiture
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $120,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: The business is in a high traffic location, close to major highways and shopping areas. It’s well-maintained with ample parking for customers and staff alike.
Employee/Labor Description: Experienced, Tenured Management and Staff in place
Mgmt/Training Support Description: Seller is willing to assist in support and training.
Competition/Market Description: The Business serves the geographic market of the New Hampshire Seacoast area, Southern Maine, and Northern Massachusetts.. There are a number of competitors in the market but still lots of room for growth. 
Growth/Expansion Opportunities: The Business has strong customer and vendor relationships and a growing referral business.  Additional revenue could be gained by increasing attention to product sales.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,924 22,767 38,278
Median Age: 45.12 46.11 46.28
Households: 1,722 9,775 16,229
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