Hair Salon in Delaware Valley-Upscale- PRICE REDUCTION

Chester County, PA
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Asking Price:$265,000
Gross Revenue:$750,000
Cash Flow:$80,000
Established Year:2005
BUSINESS DESCRIPTION

**11/1 PRICE REDUCTION**
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.

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.

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.
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- Average ticket price $200+
- 90% of appointments are made in advance. There is 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

*SBA Pre-approval pending


DETAILED INFORMATION
Location
Chester County, PA
Inventory
Not Included in asking price
Real Estate
Leased
Employees
16
Growth & Expansion
There is an additional office and studio on the 2nd floor that 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.
Support & Training
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.
Reason for Selling
Owner is retiring
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Isaac
Parker
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Isaac Parker