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For Sale: Hair Wig And Extension Company - Profitable - Fresno, California

$345,000.00

Asking Price

  • Address: Fresno,

  • Status: Active

  • Posting ID: 280837

  • 3/30/24

Fresno Hair Wig And Extension Company - Profitable Business For Sale

Description

Hair Loss Solutions, Wigs, and Hair Extensions business solve medical & fashion needs in Fresno.

Offering Personalized and Compassionate Solutions in Hair Extensions and Wigs – Bridging Medical Necessity to Fashion Enhancement Since 2003.

Become a part of our legacy with a turnkey opportunity! This thriving business has been restoring confidence and vibrancy to individuals, especially those facing medical hair loss.

Seller will be available in an advisory capacity post acquisition on a negotiable basis.

This profitable venture, currently running predominantly absentee, awaits your personal touch. With the seller managing another studio in San Diego, she was in the Fresno location just 26 days in 2022 and less in 2023.

Seize this chance to step into a lucrative business supported by three dedicated local employees. Your journey to business success and making a positive impact begins here!"

Clients are referred from medical practitioners and salon industry professionals. Current hours are roughly 10am – 5pm M-S but could be by appointment.

2100 sqft at about $2500/mo. plus, approximately $800 per quarter CAM. Current to 4/30/24. Lease extensions possible. Center is conveniently located and boasts private consultation rooms as well as inhouse coffee and wine bar. The studio and current employees have capacity to double current sales with a focused owner operator that actively advertises and markets the business. There is no local competition.

2023 sales were $451,228 with SDE of approximately $220,068 assuming full-time owner replacing payroll or a little under $200k if buyer elects to continue in a largely semi-absentee capacity similar to seller involvement.

SBA possible with at least $120k down (but no seller financing). Alternately, seller will consider a note up to to 40% of asking price (assuming no other financing). Aggressively priced at $345,000.

To get more information about this Hair Wig And Extension Company - Profitable business for sale in Fresno please phone Linnea Westlake (Intermediary, Broker - BRE License #:02028068) at 925-209-4592 Cell - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #280837 on BizBen.com. In addition to phoning Linnea Westlake, make sure you email Linnea Westlake above to get more info about this Hair Wig And Extension Company - Profitable, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01100886. Transworld Business Brokers.

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Contact

  1. Name: Linnea Westlake
  2. phone iconPhone: 925-209-4592 Cell

Details

  1. Asking Price: $345,000.00

  2. Down: $120,000.00

  3. Cash Flow: $2,200,689.00

  4. Revenue:    $451,228.00

  1. Area: Fresno

  2. City: Fresno

  1. Attributes:

    Broker CooperationSemi-Absentee RunTraining & SupportOwner/Seller Financing

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Related Links & Information Regarding This Posting

Email Linnea Westlake Below About This Posting


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