Status: Active
Posting ID: 277815
3/26/23
$1,750,000
Asking Price
Description
This Northern California non-surgical hair replacement company is a California S Corporation and was started more than 23 years ago and has been under current ownership since inception. They offer hair loss prevention and regrowth products and treatment services, wigs and toppers, and non-surgical solutions for men's and women's hair loss. Customers enjoy an ideal centrally-located private, upscale hair loss clinic that brings together the most sought-after hair restoration solutions in the world.
By dedicating themselves to offering the finest, most advanced restorative products through precision delivery, individualized attention, and integrity to the customer they have become the go-to resource in their city and surrounding areas for individuals from all walks of life seeking assistance with their hair loss problems.
For over 23 years, this company has endeavored to bring on the finest and most up-to-date hair loss solutions to residents in Northern California and surrounding areas. Through this time, they have discovered and implemented many new technological advancements to benefit their hair loss and non-surgical hair replacement, clients. They have a great deal of knowledge and expertise in hair loss prevention and therapies, including Low-Level Laser Hair Therapy and Trichology-based therapeutics. Additionally, they offer hundreds of human and synthetic hair wig and hair topper options available from some of the world's leading manufacturers.
This business offering includes exclusive licensing agreements with 3 of the most respected brands in the hair alternative industry. They have long-tenured monthly hair replacement program customers that have a consistent recurring revenue piece of the business. The average annual spend of these customers is around $5,000 to $6,000 per year. Some spend as high as $9,000 per year. They also offer exclusive medical-grade cranial prosthetics delivered through precise 3-D imaging technology that their customers spend as much as $20,000 per year for as well as high-end exclusive men's hair systems clients that spend between $7,000 and $9,000 annually.
The tremendous growth of this business can be continued simply by utilizing its current budget and winning marketing and customer service strategies to ensure ongoing success. Additional growth can be obtained by increasing digital marketing and social media presence through the industry-experienced marketing group they have used for 8 years.
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training may be provided at agreed upon price and terms between the new Buyer and Seller. The reason for selling is that the Sellers would like to pursue other interests.
This business was established in 1999 and the space was renovated in late 2017 to specifically fit their type of business sales have doubled since the improvements. The office is very clean, and professionally decorated, and includes a waiting area, a receptionist office, 4 large treatment/styling rooms, a consultation room, a large wig room, a break room, a lab/prep room, a hair storage room, and two executive offices. It is relocatable on a leased property. The building is 3,079 sq ft. and the monthly rent is $5,388. The business has 1 part-time and 3 full-time employees.
Asking Price: $1,750,000 Cash Flow: $378,643 Gross Revenue: $1,120,000 Down Payment: $1,750,000
Financing: No FFE (Included): $100,000 Inventory: $400,000
To get more information about this Non Surgical Hair Replacement Company, Profitable business for sale in Northern please phone Adriana Sargent (Intermediary - BRE License #:02103897) at 408-981-7799 Call and 408-981-7799 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #277815 on BizBen.com. In addition to phoning Adriana Sargent, make sure you email Adriana Sargent above to get more info about this Non Surgical Hair Replacement Company, Profitable, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers.
Contact
Phone: 408-981-7799 CallPhone: 408-981-7799 TextDetails
Asking Price: $1,750,000
Down: $1,750,000
Cash Flow: $378,643
Revenue: $1,120,000
Area: Northern
City: None Given
Attributes:
My Notes About This Listing
Cash flow
$378,643
Revenue
$1,120,000
Down
$1,750,000
Posting: 277815 | Available | 3/26/23
This Northern California non-surgical hair replacement company is a California S Corporation and was started more than 23 years ago and has been under current ownership since inception. They offer hair loss prevention and regrowth products and treatment services, wigs and toppers, and more.
Asking Price
$1,750,000
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