Boston Area Salon and Spa

Business Description

For sale is a 30+ 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. Typical ticket services for customers range from $100 to $200, with big-ticket services ranging 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

This listing requires seller approval for the CIM. We appreciate your patience as we receive approval and we will send you the CIM as soon as possible.

Financial Overview

Asking Price: $750,000

Revenue: $1,920,000

Income: $250,000

Multiple: 3x

Sign the NDA