1 Main St Newport, VT 05855

Here is your opportunity to own an established and busy cosmetology business in Newport Vermont with over 75 years of history. This shop is the largest in the area and features 10 hair dressing stations, 4 wash stations, 3 dryers, 3 pedicure chairs, 3 manicure stations, a styling station, a massage room, waiting area, half bath, a kitchen, and an upper level office and storage area. The current owners are willing to assist with a transition into new ownership. The business, equipment, inventory and real estate are offered for $230K or the business, equipment and inventory could be purchased for $65K and the Real Estate Leased from the current owners. A substantial renovation of the building and equipment was completed in 2010. This renovation included updated wiring, heating, flooring, paint and almost all new equipment. The salon is located on the busiest section of Main Street with over 14,000 cars per day giving this business optimal exposure and its customers convenience. Customers also appreciate the covered, zero step entry, front and rear parking, a comfortable waiting area, and views of Lake Memphremagog. The salon is situated in a 3 unit condo building and this unit consists of 34.4% of the building.