Beauty Salon

Not Disclosed, PA
Dauphin County

Asking Price: Annual Revenue:
$20,000 $49,760

Services: Hair, Nails, Spas, Tanning

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RE: Beauty Salon Broker: Lyn O'Neal

Quick Facts

Asking Price: $20,000
Annual Revenue: $49,760
Net Profit: Not Disclosed
Cash Flow: $15,622
Total Debt: Not Disclosed
FF&E: $7,077
Real Estate: Not Disclosed
Year Established: 1987
Employees: 2
BBN Listing #: 79834955
Broker Reference #: 2602-14950

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Business Overview:

This is a turnkey Hair Salon with a well established 32 year presence in a prime downtown location in the City of Harrisburg. The Salon is currently operated by the Owner and 1 (one) part time employee. However, the Salon is fitted with 3 (three) styling chairs and 2 (two) shampoo chairs to easily accommodate additional Stylists. The Salon operates primarily by appointment but its location is ideal for walk-in business.

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Property Features and Assets:

Located in a beautifully renovated historic building in a prime central location in the City of Harrisburg, there has been a Hair Salon in this location continuously for 90 years. The Salon is handicap accessible. The Salon sits in a storefront in a high foot traffic and vehicle traffic location. There are 3 (three) styling chairs, 3 (three) drying chairs and 2 (two) shampoo chairs. Washer and Dryer are on premises and included in sale. Public Transportation is accessible. Salon has an established website through which appointments can be set. Assets= $23,585

Market Competition and Expansion:

Just a handful of Hair Salons in downtown Harrisburg. Could also compete with Spas. There is immediate growth opportunity by bringing in additional stylists to work the additional Styling Chairs. Currently only one Stylist works at a time. There is also immediate opportunity to expand hours of operation. And with some social media and advertising savvy, there is great potential to reach the thousands of State workers and passersby foot traffic. Adding spa, nail and barber services could be a huge potential for growth.

Reason for Selling:

Seller is ready to retire.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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