Beauty & Wellness
A three-location salon group was losing ground to newer competitors. Purple Tree saw the demand behind the dated decor and funded the refresh.
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Business Type
Three-location hair and beauty salon group
Time in Business
9 years
Annual Revenue
$950,000
Employees
24
Use of Funds
Renovations and brand refresh plus digital marketing
Overview
How a three-location salon group in Philadelphia used a $130K working capital advance from Purple Tree Funding to renovate, grow new client bookings 38%, and increase retail sales 32%.
New client bookings
Retail product revenue
Online reputation
Join 10,000+ small businesses that have funded their growth with Purple Tree Funding.