Business Summary
Financials
Asking: $139,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $60,000
Gross: $475,000
Cash Flow: Not Disclosed
Summary Description
This Salon and Spa located in the busiest part of Cambridge near the University and Colleges. The Salon has 6 salon chairs, 2 spa/ massage rooms, pedicure station, and nail station. They feature an exclusive line of products. The owner currently oversees the business on a daily basis. The owner does not work as a stylist, etc. The salon is approximately 1,500 sq. ft., bright and sunny.
General Information
Year Established: 1982
Employees: 11
Facilities: The salon is approximately 1,500 sq. ft., bright and sunny. High Traffic area of Cambridge. FF&E of $60,000 is included in the asking price.
Market Outlook
Competition: There is competition in the area. High traffic dense population brings business to the area.
Growth and Expansion: The nail salon and other services can be expanded to be more of the business. Currently the styling salon is a large part of the business.
About the Sale
Financing: none
Support/ Training: Will train in the management of the business
Reason Selling: retiring and moving out of state
Property Details