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SBA APPROVED - Profitable Non-Surgical Hair Replacement Company SC2114



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SBA APPROVED - PROFITABLE NON-SURGICAL HAIR REPLACEMENT COMPANY SC2114

 

  • Asking Price: $1,400,000
  • Cash Flow: $367,571
  • Gross Revenue: $1,350,000
  • Down Payment: $1,260,000
  • Financing: No
  • FFE (Included): $100,000
  • Inventory: $200,000

Business Location

  • Northern California

Business 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 for the benefit of 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 the use of Low-Level Laser Hair Therapy and Trichology-based therapeutics. Additionally, they offer hundreds of human and synthetic hair wig and hair topper options available by 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. 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.
 
 
 

Market Outlook/Competition

The excellent growth of this business can be continued simply by utilizing their current budget and winning marketing and customer services 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.
 
 
 

Support & Training

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.
 
 
 

Reason for Selling

The Sellers would like to pursue other interests.
 
 

Detailed information

  • Year Established: 1999
     
  • Home-Based: No
  • Franchise: No
  • Relocatable: Yes
  • Required Licenses: 
  • Is Property Leased: Yes
  • Real Estate Included: No
  • Real Estate Available: N/A
  • Real Estate Value: N/A
  • Part-time Employees: 1
  • Full-time Employees: 3
  • Building Size: 3079 sq ft 
  • Monthly Rent: $ 5,388
  • Facilities Description: This space was renovated in late 2017 to specifically fit their type of business and sales have doubled since the improvements. The office is very clean, professionally decorated, and includes a waiting area, receptionist office, 4 large treatment / styling rooms, consultation room, large wig room, breakroom, lab / prep room, hair storage room and two executive offices.

 

CA 02100708
NV 1003039

 
 


Listed By: Myrtel Lapuz

Background information

Reference:

SC2114

Year established:

1999

Reason selling:

The Sellers would like to pursue other interests.

Finance

Sales:

$1,350,000

Profits:

$367,571

Operations

Employees:

Part-time Employees: 1 Full-time Employees: 3

Equipment:

FFE (Included): $100,000

Inventory:

Inventory: $200,000

Premises

Facility:

Facilities Description: This space was renovated in late 2017 to specifically fit their type of business and sales have doubled since the improvements. The office is very clean, professionally decorated, and includes a waiting area, receptionist office, 4 large treatment / styling rooms, consultation room, large wig room, breakroom, lab / prep room, hair storage room and two executive offices.

Square footage:

3,079 sq ft

Rent and lease terms:

Building Size: 3079 sq ft  Monthly Rent: $ 5,388

Location:

Northern California

Opportunities

Growth:

The excellent growth of this business can be continued simply by utilizing their current budget and winning marketing and customer services 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.

Price and terms

Price:

$1,400,000

Down payment:

$1,260,000

Financing:

The Seller is willing to carry up to 10% of the purchase price over 3 years at 8% interest. The amount financed will be dependent upon the offered purchase price and quality of the Buyer.

Training:

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.