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BUSINESS FOR SALE - PROFILE #  41361061086

Well-Established Hair Salon and Barbershop
Southeastern PA

Asking Price: $75,000   Down Payment: $75,000  
Gross Revenue: $239,500   Adj. Cash Flow*: $27,450  
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Executive Summary
Located in southeastern Pennsylvania, this salon and barbershop is a unique turnkey opportunity operating for 41 years in a high-profile location in a busy downtown of an economically vibrant community. The well-maintained, attractively outfitted, full-service salon offers a full array of hair cutting, coloring and related services, and also offers barber services for the male clientele in a separate, well-appointed section of the building. Massage and eyebrow services are also offered to round out the full suite of services.

This salon, spa and barbershop has a strong reputation with consistent steady 4-5-star online reviews (Google, Facebook, Yelp). Additionally, a loyal customer base forms a solid foundation from which to further grow the business. According to an analysis by IBIS World, a leader in up-to-date industry reports, they predicted the Hair Salon industry, which already has a market size of $47 billion, to grow even more over the next five years (IBISWorld). Given the consistent nature of the industry and the positives of the community in which this business operates, it is strongly positioned for future growth. Features Include:
- Highly skilled and competent staff of 13-17 (depending on season) intends to stay with the business
- Building is in excellent repair and is attractive inside and out with high foot traffic and exposure
- 11 space parking available in rear parking lot and convenient street parking a parking garage close by
- Comfortable, attractive atmosphere with multiple stations and dedicated private areas for specialty services
- Very high customer satisfaction ratings with strong recommendations Vital Information:
- Asking Price:       $75,000 for complete turnkey successful operating business
- 2019 Revenue:    $457,000
- Building Lease:    2,400 ft.² with 11 parking spaces; Owner offering 3-5-year lease
- Operating Hours: Tuesday–Thursday: 9 am - 8 pm; Friday: 9 am – 7 pm
Saturday: 8 am – 5 pm; Sunday—Monday: Closed

For more information and a confidential, no obligation discussion, please contact Ray Melcher at 484 -797- 9796 or rmelcher@vrmarathon.com

Acquisition Highlights

  • Financing Information:  Negotiable
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1979 Inventory:
Furniture, Fixtures & Equipment:
Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Ray Melcher
Phone:  (610) 898-8086
Fax:  (610) 898-8090
E-mail:  rmelcher@vrmarathon.com
VR Business Brokers - Wyomissing, PA
4 Park Plaza
Wyomissing, PA 19610
www.vrmarathon.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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