Hair Restoration - High Demand, Healthy Cash Flow!
Business Description
There are currently approximately 80 million Americans who suffer from hair loss. Often, this problem is associated with older demographics, but it impacts every generation and age. This hair restoration business offers the unique opportunity to continue to grow its hair restoration revenue, but also offers traditional salon services providing the opportunity to take advantage of two separate markets.
What's to like about the business?
1) Consistent Revenue and Profits
2) A loyal customer base with high recurring revenue
3) Small, but efficient staffing structure
4) Simple business model
5) Extremely low Marketing budget (0.5% of Gross Revenue), leaving room for growth
6) Consumers are willing to invest significant resources into resolving hair loss
7) Limited competition
What's to like about the business?
1) Consistent Revenue and Profits
2) A loyal customer base with high recurring revenue
3) Small, but efficient staffing structure
4) Simple business model
5) Extremely low Marketing budget (0.5% of Gross Revenue), leaving room for growth
6) Consumers are willing to invest significant resources into resolving hair loss
7) Limited competition
About the Business
- Years in Operation
- 23
- Number of Employees
- 3
- Facilities & Assets
- The business leases approximately 3,300 square feet (owner-owned real estate) that contains a modest workspace for employees to craft hair pieces and wigs, two small sales offices, a retail showroom, a storage area, and three private rooms each containing a fully functioning traditional salon station.
Included in the sale: company website, brand assets, sales, marketing and operations systems, and equipment. - Market Outlook / Competition
- The Global Hair Restoration Market in 2024 was estimated at $7.4 billion and is expected to grow to $18.6 billion by 2030 with a growth rate (CAGR) of 16.6% from 2024 to 2030. Growth drivers include:
(1) Increasing awareness of hair loss treatments
(2) Technological advancements in non-surgical solutions
(3) Growing demand for aesthetic solutions
(4) Rising disposable income in key markets
There is no direct competition in the market the business operates in. - Opportunities for Growth
- Because the business is driven primarily by referrals and word-of-mouth, there is a substantial opportunity to leverage marketing strategy to increase Sales velocity, especially leveraging Social Media platforms, Pay-per-Click (PPC), Content Marketing and Email Marketing.
For the sophisticated marketer, there are significant opportunities to leverage CRM data to source new customer segments at an attractive cost-per-lead.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,300
- Lease Expiration
- 1/1/2026
About the Sale
- Seller Motivation
- Owner is retiring.
- Transition Support
- The owner is open to a mutually beneficial transition period and may be willing to stay on in a consulting capacity for a period of time.
- Financing Options
- Partial Seller Financing is Available.
Listing Info
- ID
- 2349471
- Listing Views
- 688
Listing ID: 2349471 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.
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