Upscale Hair Salon in Philadelphia - Popular & Trendy

This listing presents a unique opportunity to acquire a highly reputable, upscale, and thriving hair salon located in a vibrant Philadelphia neighborhood. The business boasts an excellent reputation for providing top-tier creative cuts, color services, and a full range of specialty salon treatments, including trendy styles and balayage. With a consistent and strong cash flow of $250,000, this salon is SBA pre-qualified, making it an attractive prospect for qualified buyers. The sale includes FFE valued at $50,000 and inventory worth $65,000. A significant highlight is the option for the buyer to purchase the associated real estate, which comprises an additional 1,000+ sq ft commercial space suitable for expansion, plus two rental properties with existing tenants. The salon operates with 7 employees and was established in 2018. Key strengths include its prime location, stunning interior design, a very loyal client base, highly trained management, and passionate, creative staff. Convenient on-street parking adds to its appeal. The owner is retiring and willing to provide transition support to ensure a seamless handover. This business offers tremendous growth potential, especially with the adjacent commercial space available for expansion.