Motivated Seller!! Flexible Deal Options!! Profitable salon in the heart of Danvers Square. Salon 21 was established in March of 2000 and has established itself as a fixture in town with a loyal customer base. The business has 8 chairs, and currently there are 4 stylists, including the owner, as well as an esthetician who rents a space in the salon. The owner & stylists are willing to stay operating in this location. The salon occupies one of the most visible locations in downtown Danvers, at the intersection where Elm St, High St, Maple St & Conant St come together at a four-way signalized intersection. The current lease runs through March of 2025, & the landlord will consider extensions or negotiating a new lease. Financial reports, tax returns, the current lease & equipment list, (FF&E), are available for a qualified prospective buyer to review after the execution of a Confidential Non-Disclosure Agreement. Please do not inquire within, this is an operating business.
10 Elm St, Danvers, MA, 01923
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
