Hair Salon Offering Non-Surgical Solutions
$690,000
Bethlehem, PA
Gross Revenue
$1,651,951
Owner's Cash Flow
$219,180
Min Down Payment
$69,000
Employees
22 FT
Business Summary
The business specializes in non-surgical hair replacement, offering customized systems with unique features for diverse looks, catering to both men and women. Beyond hair replacement, their salon delivers a comprehensive beauty experience, providing a wide range of spa and salon services, ensuring their clients have multiple options to choose from.
Key Highlights
Year established
1996
Real estate
Leased
Reason for selling
After successfully operating and growing the business for more than two decades, the owners are looking to move on to new ventures.
Support and training
The owners are willing to stay on for an extended period to help with the transition.
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $5,843 | $982 | $2,944 |
| COGS | $5,263 | $3,917 | $8,307 |
| Gross Income | $580 | ($2,935) | ($5,363) |
| Operating Expenses | $9,836 | $7,507 | $7,747 |
| Operating Incomes | ($9,256) | ($10,442) | ($13,110) |
| Net Other Income (Expenses) | ($4,112) | ($6,444) | ($1,810) |
| Net Income | ($13,368) | ($16,886) | ($14,920) |
| Interest | $7,684 | $8,923 | $3,284 |
| Depreciation | $3,472 | $3,440 | $9,558 |
| Amortization | $3,425 | $496 | $8,258 |
| EBITDA | $1,213 | ($4,027) | $6,180 |
| Add-backs | $50,297 | $46,920 | $63,004 |
| Owner's Cash Flow | $51,510 | $42,893 | $69,184 |
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Projected Free Cash Flow
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