Upscale Hair Salon in the Delaware Valley- PRICE REDUCTION

Price: $265,000

Location: Pennsylvania

Industry: Beauty and Personal Care

Listing ID: 05282024

This is an opportunity to purchase a consistently profitable and professionally managed full-service hair salon in the Delaware Valley. For years they have been known as the premiere and best-of-the-best for salon services, specializing in color artistry, color correction and custom design haircuts. The salon currently has 8 chairs and 16 employees – many of which are long-term. They also offer a full array of complimentary treatments, including manicures, pedicures, waxing, hair extensions bridal work and more.

This is truly the BEST salon around and has been for almost 20 years. If you have a passion for the industry, are looking to expand your current business or even for a first-time owner, this is the opportunity for you. If you are looking for a sound investment with amazing cash-flow, this is also the opportunity for you!

We have supportive documents including a CIM and financials available upon inquiry.

The current owner has already transitioned into a passive ownership role. She is ready to retire from the salon industry after securing a smooth transition to new ownership. There is a trusted manager in place who oversees tasks such as scheduling etc.

Average ticket price $200+
90% of appointments are made in advance. With an average of a 5-week wait time.
75% of all appointments are female color clients.
15% of the client base are men

Hours of operation:
Tues /Wed / Thurs – 10am to 8pm
Fri / Sat – 9am – 5pm (closed Sunday)
Mon – 11am – 8pm

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A confidential information memorandum (CIM) and financial packet are available upon request. Please contact Isaac Parker, broker for Inbar Group for an NDA

SBA Pre-Approval Pending

Gross Revenue: $750,000

Cash Flow: $80,000

Reason for Sale:

Owner is retiring

Year Established: 2005

Days & Hours of Operation: Open 6 days a week / Closed Sunday

Employees: 8 Chairs / 16 Employees

Absentee Owner: Yes

Potential Growth:

There is an additional office and studio on the 2nd floor could be used for an expansion. The studio could accommodate an additional 4 chairs or could be easily updated into a spa suite adding an additional revenue stream and expanding the service / client base.