Description
OFF-MARKET ‘Q2 2024
Central Mass Salon & Day Spa – Professional & Profitable
Worcester, MA (Worcester County)
Seller Financing Available if the price and deal structure is right
Asking Price: $ 225,000
Cash Flow: $128,000
Gross Revenue: $616,000
EBITDA: N/A
FF&E: $65,000
Inventory: $15,000
Established: 1999
Employees: 9
Business Description
Fantastic Opportunity for growth at this well-established Salon & Spa. Reliable group of repeat clients with substantial and consistent pre-bookings. Full-service, professional salon and spa located in Worcester County. The facility has separate rooms for hair, nails, esthetician services, and massage services. Teamwork is key to the success of this business. Unlike many salons currently selling, this one uses an employee model instead of renting chairs. Be involved in training the next generation of beauty consultants and make money while doing it. This business was founded more than 20 years ago and strives to provide the utmost in client satisfaction. The business location and name will be shared once a qualified Buyer prospect is vetted.
NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
Recently renovated professional space with room to grow the staff and services. Private rooms for esthetician and massage services as well as a private office for the owner.
Competition:
There is lots of competition in the beauty industry, but I think you will agree that this business is one of the best salon & spa operations in the area once you see it.
Growth & Expansion:
There is plenty of potential for growth in revenues here. The massage rooms are underutilized and there is capacity to add more stylists and nail technicians.
Financing:
TBD if structure and terms are acceptable.
Support & Training:
The seller will be available for in-person training for a limited amount of time and may agree to stay on as a stylist for an extended amount of time if desired by the buyer. The employees are fully trained to run the day-to-day operations.
Reason for Selling:
Other business interests