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Established Salon And Spa In Hartford County For Sale

Hartford County, Connecticut, US
Asking Price:
$149,000
Sales Revenue:
$279,652
Cash Flow:
$66,919

Gorgeous two-year-old salon and spa with all new modern, stylish, top-of-the-line equipment and furniture. Located in an affluent city in a popular, high-traffic area with ample off-street private parking,. Health reasons force the sale of ownership, but the seller willing to stay on during the transition and longer. Employee stylists have signed non-compete agreements. The seller is a building owner and proposes a reasonable rent, which makes this an ideal prospect for an experienced cutter/owner to be successful as a complete turnkey opportunity. Salon and spa offers a robust menu of hair, nail, and skin salon and spa services, including cutting and styling, on-staff estheticians, facials, waxing, body wraps, and more. a separate and private spa room with state-of-the-art equipment and a private shower, two pedicure stations, seven cutting stations, a coffee bar, a fully computerized client database, and a successful track record of classy marketing. This is an absolute gem for an operator who wants a high-end and classy facility to bring his/her clients and continue to build on an established brand. The seller is also offering the building for sale with the business if desired at a total price of $795k, with $150k down at 6% for the 5-year term and a balloon payment at the end.

Business Operation

Reasons for selling:

Health issues force sale of fine two year old salon.

Employees:
4FT/2PT
Years established:
2020

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

75,000.00 Down & $74,000 paid out monthly over 36 months at 8% interest.

Furniture / Fixtures value:
$70,000
Inventory / Stock value:
$8,000