High Volume, Profitable Salon in Great Location – Seacoast of NH! Reduced Price!

Description

Opportunity to acquire a high volume salon that is beautifully designed and has proven to be a premier destination throughout the Seacoast of New Hampshire.  The Salon offers a variety of services by a highly trained and experienced staff.  The Business has a General Manager in place with the owner playing a supporting role.  Top line revenues and profits continue to grow through consistent recurring revenue, positive reviews, active social media campaigns, and state of the art technology. The Business is poised for a new owner to continue to build on the foundation and take it to the next level.

Detailed Information:

Business Price: $599,000

Revenues: $1.9 Million

Inventory: $28,000 (approx.)

Furniture, Fixtures, & Equipment (FF&E): 135,000 (approx.)

Sellers Discretionary Income: $285,000

Real Estate: Leased 

Facilities: 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.

Competition: The Business proudly 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: The Business has strong customer and vendor relationships and a growing referral business.  Additional revenue could be gained by increasing attention to product sales.

Support & Training: Seller is willing to assist in support and training.

Reason for Selling: Divestiture

Map below does not depict location of business.  Please complete the attached NDA to receive location and related financials.


Location