Hair Replacement - Recurring Revenue - Southern California

Asking Price$900,000

Cash Flow
$267,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,060,000

Inventory$25,000
Included in asking price
FF&E$75,000
Included in asking price
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Hair Replacement - Recurring Revenue - Southern California


Asking Price$900,000

Cash Flow
$267,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,060,000

Inventory$25,000
Included in asking price
FF&E$75,000
Included in asking price
Business Description
This full-service hair replacement business is known for its reputation as a premier provider of Non-Surgical Hair Pieces. Over 30 years in business the company focuses solely on providing hair replacement solutions for clients losing hair. The business sells, services and repairs hair pieces, providing a complete solution. This business model ensures recurring revenue as clients consistently buy new hair pieces (2-6 per year is typical) and need service on a regular basis (every two weeks is most common). Long-term factory relationships are in place ensuring quality control and the best pricing by buying direct. This specialized business has minimal competition. With an exceptional discreet location the business is in an ideal area to draw high income clientele. Steller reviews on social media, an excellent web presence and reputation draws new clients.
The owner, who runs the business and is retiring, will help the new owner with transition and is also available to be hired back for a few months if required. The business has experienced year over year continued growth. This is an ideal opportunity for someone who wants a highly profitable business with significant potential for further growth. The new owner doesn’t need any specialized licenses.
The ideal candidate should be customer service focused. The business currently employs stylists who provide service and an administrator to answers phones, schedule clients and take payments.
About the Business
Years in Operation
31
Employees
5 (4 Full-time, 1 Part-time)
Facilities & Assets
The studio operates in a rented 2000+ sq ft facility in a central location with plenty of parking. This space includes a reception/waiting area, treatment/styling rooms, break room, a lab/prep area, and executive office.
Market Outlook / Competition
Niche market with limited competition.
Opportunities for Growth
Current Staffing can support a 25% increase in revenue with no additional expense.

Additional growth can be obtained by increasing digital marketing and social media presence
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,000
Rent
$4,255.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
The Seller is willing to provide training for 4 weeks. Additional training may be provided at agreed upon price and terms between the new Buyer and Seller.
Listing Info
ID
2423430
Listing Views
31

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Business Listed by: John

Listing ID: 2423430 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.