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Turnkey;Busy, Easy Vibe Hair Salon-Main Line-great area

Wynnewood, PA
color
Asking Price:$105,000
Gross Revenue:$700,000
FF&E:$30,000
Cash Flow:$85,000
Rent:$4,000/Month
Established Year:2000
Listing ID: 1782826Listing provided by BizBuySell
BUSINESS DESCRIPTION

Upscale hair salon. In business 24 years. Plenty of goodwill-and history of success.Employees would stay on. Original owner to stay and current owner ($4000 booking a week) are staying. Profitable year after year numbers trending up.
Busy area, lots of traffic and walk-ins. Salon looks great inside and outside.
Easy goin 'vibe'! This is not in a shopping center ( its better!)-quaint area plenty of traffic
20% men.....80% women-cut and color. This exceptinal location brings walk-ins
Definitely attracts talent. 8 easoned stylists. 1 aesthetician,
11 stations, 4 seats in color station. all new chairs
Social media is a must and first thing on your 'to do list'
rent $4000

DETAILED INFORMATION
Location
Wynnewood, PA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,600
Lease Expiration
01/03/2024
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
11 chars, 4 seats color area, facialreception area
Growth & Expansion
More social media would be just the right thing.
Financing
possible note depending on experience
Support & Training
Owners (2) will stay and train the new owner on the nults and bolts of the business. owners(1)staying on as stylist. Past owner is on board too!
Reason for Selling
The Owners are ready to pass the baton!!!!!
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Judy
Sweeney
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Judy Sweeney
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