Price Reduced: Award Winning Salon

Allegheny County, PA

Seller Financing Available
Cutting Edge Salon
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Asking Price: $60,000

Cash Flow: $73,600

Gross Revenue: $500,000

EBITDA: N/A

FF&E: $30,000

Inventory: $23,000

Rent: $3,000 /Month

Established: 2007

Price Reduced: Award Winning Salon

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Business Description

This is one of the most acclaimed hair salons in the northern suburbs of Pittsburgh. The business is the brainchild of a scalp-styling whiz! The owner’s successful business model was to assemble a group of top-notch stylists and empower them to explore their creative impulses and define their own sensibilities. It's easy to see why this eclectic approach appeals to the owner and the salon’s clients. The hairstylist harbors an artistic streak and the melting-pot milieu at the salon has won an equally diverse set of clients. The salon was awarded Best Hair Salon by Whirl Magazine, Best Salon CitySearch, Pittsburgh Best Salon. Average Annual Revenue and Cash Flow based on 5 year average.

Detailed Information

Location:
Allegheny County, PA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Cutting edge salon with update equipment offering numerous services: Cutting and styling, Kerastase treatments, texturizing, coloring, hair extensions/braiding and waxing.
Competition:
Limited completion for similar services. Prime upscale location!
Growth & Expansion:
Potential for continued growth.
Financing:
15% of Qualified Buyer
Support & Training:
If needed, owner will offer up to 90 days support and training.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Richard B. Ames

Business Listed By:
Richard B. Ames

RB AMES CO

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