Hair Salon in Philadelphia – Popular & Trendy!
Price: $495,000
Location: Philadelphia
Industry: Beauty and Personal Care
Listing ID: 592023
**SBA PRE-QUALIFIED**
This is a don’t miss opportunity to purchase an upscale, established and thriving hair salon in a vibrant Philadelphia neighborhood. Excellent reputation of providing best-of-the-best creative and custom-created cuts, color, and a full selection of specialty salon services including trendy cuts and styles, blow outs and balayage. The seller is willing to assist with the transition, ensuring a seamless handover.
Buyer has the option to purchase the real estate, which includes:
An additional commercial property with +1,000 square ft that could be used for salon business expansion.
Two rental properties with leases in place and long-term tenants
Highlights include:
A team of five chairs. Trained experts in current trending techniques
Excellent and consistent cash-flow
Location! Location! Location!
Stunning interior design
VERY loyal client base
Highly trained salon management in place
Tremendous opportunity for growth
Passionate and creative staff
Convenient on-street parking
Buyer has option to purchase real estate!
Listing Details
Gross Revenue: $975,000
Cash Flow: $250,000
FFE: $50,000
Inventory: $65,000 (Included in Price)
Real Estate: $1,250,000
Lender Pre-Qualified?: Yes
Reason For Sale:
Owner retiring
Training & Support:
The seller is willing to assist with the transition, ensuring a seamless handover.
Operation
Year Established: 2018
Employees: 7
Location
Facilities Information:
Buyer has the option to purchase the real estate, which includes:
An additional commercial property with +1,000 square ft that could be used for salon business expansion.
Two rental properties with leases in place and long-term tenants
Summary
Potential Growth:
There is an additional commercial property for sale with +1,000 square ft that could be used for salon business expansion.