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Business for Sale Summary

Salon and Spa for Sale in Hartford County, CT - 14041

Business Type: business with property available,spa / dayspa / skin care,hair salon/ barber shop
Owner Financing
Salon and Spa for Sale in Hartford County, CT
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Financial Information (non-confidential)

General Information
Asking Price $149,000 Down Payment $75,000
Gross Revenues $279,652 Lease Remaining Register Free to View
Owner’s Cash Flow $66,919 Number of FT Employees Register Free to View

Financing

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

Business Description

Gorgeous two-year-old salon and spa with all new modern, stylish, top-of-the-line equipment/furniture. Located in affluent city in popular, high-traffic area with ample off-street private parking. Health reason forces sale of ownership, but seller willing to stay on during transition, and longer. Employee stylists have signed non-compete agreements. Seller is building owner and proposes reasonable rent, which makes this an ideal prospect for experienced cutter/owner to be successful as complete turnkey opportunity. Salon and spa offers robust menu of hair, nail and skin salon, and spa services, including cutting/styling, on-staff esthetician, facials, waxing, body wraps and more. Separate and private spa room with state-of-the-art equipment and private shower, two pedicure stations, seven cutting stations, coffee bar, fully-computerized client database, and 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 5 year term and a balloon payment at the end. Call today.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.