Upscale Salon In Excellent Location With New Equipment For Sale

Business description

This salon strives to offer the most high-end up-to-date styling services in a relaxing and professional environment that is also conveniently located and accessible for its customers. With reasonably priced services, it also aims to serve clients who have high-end taste but can't necessarily afford over-priced, luxury salons. With three full-time stylists, the 1,500 square foot shop offers a variety of styling and coloring services for both men and women. It also sells high-end brands of texturizers, hair powders and styling products. Because the hair industry is forever evolving, the shop's stylists constantly expand their knowledge by attending workshops and training sessions and keeping to to date on the lastest trends out of Europe. Due to all of these factors, the shop has an excellent reputation and a steady flow of repeat customers. Additional leads are generated thrugh investment in search engine advertising, seasonal promotions, yellow page ads and direct mailings. Similarly, the shop runs an attractive and easily navigatable Web site which lists pricing, products and contact information.

Property information

Real Estate:

Lease

Lease terms:

$6,048/month

Location:

1,500 square foot shop along a busy street in Boston

Other information

Expansion potential:

New owners could take on additional stylists who could draw in additional clients. Similarly, nail and esthetician services could be added.

Competition / Market:

The shop has only one direct local competitor. However, it does not rival this salon's affordable and high-class service and relaxing, friendly environment.

Support & training:

Owner, a master hairstylist, will offer supporrt and training. Is also willing to stay on and work for buyer.

Reasons for selling:

Owner wishes to expand hairstyling knowledge and skills unencombered by the day-to-day running of a business.

Trading hours:

Tues-F 9a-8p - Sat 9a-5p

Financing available:

20% down plus SBA loan

Furniture / Fixtures value:

$60,000 (included in the asking price)