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For Sale: Hair Replacement Specialist - SF Bay Area , California

$1,125,000.00

Asking Price

  • Status: Active

  • Posting ID: 280300

  • 9/11/23

SF Bay Area  Hair Replacement Specialist Business For Sale
Hair Replacement Specialist Company For Sale
SF Bay Area  Hair Replacement Specialist Companies For Sale
Buy, Sell A Hair Replacement Specialist Business
Selling A SF Bay Area  Hair Replacement Specialist
Hair Replacement Specialist Business Opportunity

Description

Hair Replacement Specialists BTI 11091

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 the 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 can 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 allow 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 appx. 90 days after the closing 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 website.

Sales $1,619,146 Annualized from 6 months P&L ending June 30,2023
Purchase Price $1,125,000

Cash Flow $575,984 Annualized from 6 months P&L ending June 30,2023

SBA Loan Down Payment of $112,500
Rent $7,857 Monthly Gross Lease No NNN
Employees FT: 3, PT: 6 Owners FT: 1, PT: 1
Bldg Size (SqFt) 2,793 Lease Exp 4/30/2024 No Options Will Need New Lease
Reason For Sale Retirement Hours: Mon - Saturday 9:00 / 5:00 Sunday Closed
farley@business-team.com CA DRE 01271117 c/p 408-807-2930

To get more information about this Hair Replacement Specialist business for sale in SF Bay Area please phone Farley Gouner (Broker - BRE License #:01271117) at 408-807-2930 and 408-385-0402 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #280300 on BizBen.com. In addition to phoning Farley Gouner, make sure you email Farley Gouner above to get more info about this Hair Replacement Specialist, to ask any questions or request an appointment to see this business for sale. Thank you. Business Team.

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Contact

  1. Name: Farley Gouner
  2. phone iconPhone: 408-807-2930
  3. phone iconPhone: 408-385-0402

Details

  1. Asking Price: $1,125,000.00

  2. Down: $112,500.00

  3. Cash Flow: $575,984.00

  4. Revenue:    $1,619,146.00

  1. Area: SF Bay Area

  2. City: None Given

  1. Attributes:

    Broker CooperationSBA Loan Pre-Qualified

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