Hair Extensions, Wigs solve medical to fashion

Not Disclosed, CA
Fresno County

Asking Price: Annual Revenue:
$449,000 $473,579

Retail: Health, Beauty, Nutrition

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RE: Hair Extensions, Wigs solve medical to fashion Broker: Linnea Westlake
Owner Financing is Available!
Owner Terms:$134,700.00 Interest:8% Term Months:60 Monthly Payment:$2,731.00

Quick Facts

Asking Price: $449,000
Annual Revenue: $473,579
Net Profit: Not Disclosed
Cash Flow: $274,838
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 3
BBN Listing #: 236333008
Broker Reference #: 2401-130762

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Business Overview:

Hair extensions, wigs, solve medical to fashion enhancement needs from the Fresno studio. Personal, caring, custom solutions.

Since 2003 this business is giving back life and vibrancy to those who deserve to feel great about themselves – especially when dealing with medical issues.

Not a franchise but the owner is offering all you need to grow, learn, and succeed through a 3-year renewable licensing agreement included in the asking price. Seller will remain on your team as long as you stay a licensee and will continue to enhance the brand as well as the product and service offerings. You will benefit from use of the recognized brand name, website, suppliers and leverage the combined buying power of the other and future locations.

It’s a very profitable business that has been operating largely absentee as the seller lives in and operates another studio in San Diego. She was in the Fresno location just 26 days in 2022. There is a team of 3 part time (30 hours each) employees – one is an assistant manager.

Clients are referred from medical practitioners and salon industry professionals. Current hours are roughly 10am – 5pm M-S but could be by appointment.

2100 sqft at about $2500/mo. plus, approximately $800 per quarter CAM. Current to 4/30/24. Extentions ok. Center is conveniently located and boasts private consultation rooms as well as inhouse coffee and wine bar.

2022 revenue was $473,580 with SDE of approximately $274,838 assuming full-time owner replacing payroll or a little under $245k if buyer elects to continue in a semi-absentee capacity similar to seller involvement.

Seller financing possible up to $130k of asking price assuming no other financing. SBA possible with at least $100k down (but no seller financing). Aggressively priced at $449,000.

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Reason for Selling:

Focusing on other business.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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