**Updated Financials** Profitable, Well-Established Upscale Salon
Business Description
**Updated Financials and Price Reduction** For buyer looking to work only 20 hours/week.
Located in highly desirable MetroWest, this long-standing salon has served an upscale clientele for over thirty years and has an excellent reputation.
The salon has an established and long list of loyal clients. The owner’s passion for education and training has helped the salon build a fantastic team of hairstylists, all committed to continuing to grow and improve as stylists.
A New Owner does NOT need to be a stylist! A New Owner would be responsible for processing payroll and assisting with ordering. these responsibilities require an estimated 20 hours/week.
If a Buyer is amenable, the Seller would like to continue as a part-time stylist and is willing to continue helping recruit new staff from beauty schools and help with training. The current owner is selling to relieve himself of ownership responsibilities that a Buyer would take over.
The lease is transferable.
SPECIAL POINTS OF INTEREST:
? Buyer does NOT need to be a stylist!
? Estimate 20 hours/week for a Buyer
? Owner wants to stay on in a narrower role (stylist only)
? Strong name recognition and reputation in affluent area
? Highly trained team
? Room to expand in current footprint
Located in highly desirable MetroWest, this long-standing salon has served an upscale clientele for over thirty years and has an excellent reputation.
The salon has an established and long list of loyal clients. The owner’s passion for education and training has helped the salon build a fantastic team of hairstylists, all committed to continuing to grow and improve as stylists.
A New Owner does NOT need to be a stylist! A New Owner would be responsible for processing payroll and assisting with ordering. these responsibilities require an estimated 20 hours/week.
If a Buyer is amenable, the Seller would like to continue as a part-time stylist and is willing to continue helping recruit new staff from beauty schools and help with training. The current owner is selling to relieve himself of ownership responsibilities that a Buyer would take over.
The lease is transferable.
SPECIAL POINTS OF INTEREST:
? Buyer does NOT need to be a stylist!
? Estimate 20 hours/week for a Buyer
? Owner wants to stay on in a narrower role (stylist only)
? Strong name recognition and reputation in affluent area
? Highly trained team
? Room to expand in current footprint
About the Business
- Employees
- 19
- Opportunities for Growth
- The current footprint has adequate space to add stylists, thereby increasing the number of clients, revenue and cash flow to a new owner.
About the Sale
- Transition Support
- The seller will provide training and support to ensure a smooth transition. He is also willing to stay on as a stylist.
- Financing Options
- A qualified buyer can obtain an SBA 7A loan with 10% down payment for the business.
Listing Info
- ID
- 2241323
- Listing Views
- 1584
Listing ID: 2241323 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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