Seller's Contact Information
- RE: Hair Extensions, Wigs Solve Medical To Fashion
- Contact: Linnea Westlake
Quick Facts
Asking Price: | $489,000 | |
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 |
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. You will benefit from use of the recognized brand name, website, and suppliers through a 3 year renewable license agreement included in the sale price and seller will be available in an advisory capacity post acquisition on a negotiable basis. 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 are two full time employees. 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. Lease extensions possible. Center is conveniently located and boasts private consultation rooms as well as inhouse coffee and wine bar. The studio and current employees have capacity to double current sales with a focused owner operator that actively advertises
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Property Features and Assets:
Monthly Rent: $2,500.00 Square Units (Foot, Meter): 2,100 Lease Expiration Date: April 30, 2024, 12:00:00 AM
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 homebased business opportunity.
- This is not a franchise resale opportunity
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