Catylist ID: #30516656
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|
|Gross Revenue:||$1,800,000 (Annual)|
|Cash Flow:||$225,000 (Annual)|
|Cash Flow Type:||Sellers Discretionary Earnings|
Overview / Comments
You can't build a high-end Salon for this price. Only $150,000 plus inventory.
Great opportunity to acquire a high volume salon located on the Seacoast of New Hampshire for a minimal investment. The Business has management in place that handles the day-to-day responsibilities. Prior to Covid, this was one of the top grossing Salons on the Seacoast. It's beautifully designed space with a high-end feel. It is located in a high traffic location and has a loyal following. Seller spent hundreds of thousands on the buildout.
A completed NDA is required to receive location and related financials.
An NDA must be completed to receive location and related financials.
Attachments & Media
|Industry Segment:||Beauty Salons and Barber Shops|
|Reason for Selling:||Divestiture|
|Value of Inventory Included ($):||$0|
|Value of Furniture, Fixtures, and Equipment ($):||$120,000|
|Real Estate Status:||Leased|
|Value of Real Estate Included ($):||$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.|
|Proximity:||1 mile||3 miles||5 miles|
Hank BeresinFirst Street Business Brokers, LLC (Bean Group, Realtor) NECPE Member
|© 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.|