Hair Salon in a Prime Location – SBA Pre-Approved!
Asking Price: | $285,000 |
Gross Revenue: | $607,065 |
Rent: | $1,850 |
Established Year: | 2017 |
Cash Flow: | $137,792 |
Inventory: | $3,000 |
FF&E: | $27,000 |
Beautiful hair salon in a population location in Pittsburgh
Attractive opportunity to acquire a well-established hair salon located in a prime location of Pittsburgh. This business possesses several appealing attributes that make it a compelling prospect for acquisition.
Financial Snapshot:
-Estimated Revenue (2023): $600,000+
-Projected Total Income (2023): Over $160,000
Key Features:
-Prime Location: Situated in a high-traffic area of Pittsburgh, this salon benefits from a central position that ensures a steady influx of clients. Nearby businesses, restaurants, and residential areas contribute to a consistent flow of foot traffic.
-Well-Appointed Interior: The salon’s interior exudes sophistication and offers a serene environment for clients and staff. High-quality fixtures, upscale furnishings, and state-of-the-art equipment create a sense of opulence.
-Diverse Service Portfolio: This establishment offers an extensive range of services encompassing haircare, skincare, massages, nail care, and more. It has cultivated a reputation for excellence in various aspects of beauty and wellness.
-Strong Client Base: Over the years, the salon has built a loyal and diverse clientele, driven by its unwavering commitment to delivering top-tier services. A significant portion of its revenue is derived from repeat business and word-of-mouth referrals.
-Experienced Team: The salon is staffed with highly skilled and licensed professionals who are passionate about their craft. Their expertise contributes to the business's continued success.
-Seller Transition: The current owner is prepared to provide training and support during the transition period, ensuring a smooth change of ownership.
-SBA Pre-Approved: This opportunity is SBA pre-approved, simplifying the financing process. The estimated need for a down payment is only 10%, making this acquisition accessible to a wide range of investors.
This salon opportunity is well-positioned to appeal to a buyer seeking a strategic acquisition in the beauty and wellness sector. With proven financial performance and a prime location, it offers a solid foundation for growth and profitability. Interested parties are encouraged to explore this opportunity further and contact us for a confidential discussion regarding the acquisition process.
For additional information, please contact listing agents Cory Hoffman at 301-529-9025 coryhoffman@fcbb.com
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