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Multi-Unit Hair Salon Franchise in Greater Pittsburgh, PA

Listing No: 994283 | Category: Hair Salons & Services | City: | County: Allegheny | State/Prov: Pennsylvania

Photo of 994283

Business Price:
$899,000


Down:
$136,500


Gross Revenue:
$1,756,314


Owner Benefit:
$239,493


EBITDA:
$167,995

Business Description

SBA Pre-Qualified! A rare opportunity to purchase a successful multi-unit Hair Salon franchise in Greater Pittsburgh, Pennsylvania. The 2022 owner benefit is 26% higher than in 2021, which indicates strong growth year over year. The 2022 revenues exceeded $1.756M and the owner benefit was over $239K. The 2021 revenues exceeded $1.747M and the owner benefit was over $189K. This is a well-established multi-unit business embedded in the Greater Pittsburgh community with a track record of positive growth year over year. There is potential to grow the revenues further with an active owner-operator; this particular multi-unit salon is currently run absentee. There is also an excellent opportunity to expand the marketing campaigns, which is not significantly done by the Seller. In addition, the Seller is including $280K value of well-maintained furniture, fixtures and equipment (FFE) and $110K value of inventory in the purchase price. The parent company is one of the leading operators of hair salons in the world - contact us now to learn more about this exciting opportunity!
  • Inventory: $110,000
  • FF & E: $280,000
  • Lease Total/month: $19,008
    • 01) Base Rent/month: $3,999
    • 02) Triple Net/month: $15,009
      • 2a) Maintenance/month:
      • 2b) Insurance/month:
      • 2c) Property Taxes/month:
    • 03) Sales Taxes/month:
    • 04) Other (etc.)/month:

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Business Listed By:
Charles Helms
Phone: 407-247-2209
Email: charles.helms@franchiseclearly.com

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