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Non-Surgical Hair Replacement Specialists

Undisclosed in, California

Asking Price: Gross: Cash Flow:
$1,125,000 $1,619,146 $575,984

Inventory Value:
$122,000 (included in the asking price)

Business Summary:
This company is one of the largest non-surgical hair restoration providers for women, men, and children who experience any type of hair loss. Wigs are a small part of revenue the large majority of revenue is hair restoration with jobs starting at $1,500 up to $7,000 or higher plus revenues are generated by maintaining the restorations. This is a recession proof and essential business with revenues increasing steadily over the past 5 years. The company has the capacity to expand exponentially either by organic growth or the addition of other locations. The company generates revenues from non-surgical hair replacement, preventive treatments, and products for hair. The company has a strong team of 12 full-time specialists, many working for the company for up to 20 years, and they receive the latest industry training every year. This well trained staff and their expertise allows the owner to concentrate on management, sales and growth. The owner does not work on clients the specialists handle that part of the business. Their training allows the business to offer the best options to address the needs of many age brackets and genders with options to offer a critical advantage to many young professionals with diverse needs. The Company provides its clients with the latest and most natural-looking hair replacement, also offering topical hair loss treatment. The owner is willing to help through the transition period for apx. 90 days after close of escrow and may entertain remaining with new management for a longer period on a consultancy basis. Additionally, key employees are available to remain with new ownership beyond the sale of the Company.The Company has been in business for 26 years and enjoys a long-standing reputation for the quality of its products and services, expertise, dependability, and superior customer support. The Company’s reputation in the industry is the result of conducting business with a philosophy that is supported by professionals, principles, values, and ethics. As a result, the majority of its business is from repeat business, referrals, social media and its web site. 11091

 
   
   
Year Business was Established: 1997
   
Number of Employees: 3 FT/6 PT  
   
Facilities / Terms of Lease: The current lease will expire on 4/30/2024 No Options will need new lease, Rent $7,857 monthly gross no NNN, Square Feet 2,793, Hours Monday thru Saturday from 9 am to 5 pm, Closed Sundays. The amounts shown as Gross and Cash Flow are for 6 months ending June 2023 Inventory of $122,000 included in the purchase price  
   
Owner willing to finance: SBA pre-approved  
   
Owner willing to train: 2 weeks, 40 hours per week  
   
Reason for selling: Retirement  
 

 

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