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For Sale: Luxury Salon And Spa - Established 34 Years - Boston, Massachusetts, Massachusetts

  • Address: Boston,

  • Status: Active

  • Posting ID: 277607

  • 1/24/23

$750,000

Asking Price

Boston, Massachusetts Luxury Salon And Spa - Established 34 Years Business For Sale

Description

For sale is a 34-year-old Boston-area luxury salon and spa. The business is a 5,000-square-foot facility with 25 styling stations, a tranquility lounge, and four large treatment rooms, making it one of the largest salons and spas in Massachusetts. Services include hair styling/cut/color, facials, waxing, nails, hair, straightening/treatment/extensions, laser, massage, lash lifts, microdermabrasion, makeup application, lash extensions, and spray tan.

They have consistent revenue growth and a large clientele base, 88% recurring, due to their 5-star customer service and follow-up appointment system. Hair coloring makes up 42% of revenue, and hair styling/cutting makes up 41% of revenue. The average order value per customer for regular ticket services ranges from $100 to $200, and big-ticket services range from $250 to $450.

They currently have a staff of 50, including one full-time manager and one part-time manager who are trained to run daily operations. The new owner has the opportunity to scale the business In the following ways: utilize the nail area to incorporate medical spa services; add a boutique to the business that can sell jewelry, handbags, comfort clothing, hats, gloves, and health products; lease out their space for beauty brand fashion shows, charity events, and other group events by different beauty product companies; hire new stylists to facilitate every station in the salon (they are currently operating at 55% capacity across service types).

To get more information about this Luxury Salon And Spa - Established 34 Years business for sale in Boston, Massachusetts please phone Adam La Faci (Intermediary, Broker) at 213-457-7948 and 213-457-7948 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #277607 on BizBen.com. In addition to phoning Adam La Faci , make sure you email Adam La Faci above to get more info about this Luxury Salon And Spa - Established 34 Years, to ask any questions or request an appointment to see this business for sale. Thank you. Business Exits, Inc.

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Contact

  1. Name: Adam La Faci
  2. phone iconPhone: 213-457-7948
  3. phone iconPhone: 213-457-7948

Details

  1. Asking Price: $750,000

  2. Down: Call / Email

  3. Cash Flow: $250,000

  4. Revenue:   Call / Email

  1. Area: Boston, Massachusetts

  2. City: Boston

  1. Attributes:

    For Sale By Owner

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