Hair Loss Solutions, Wigs, And Hair Extensions

Business Overview:

Hair Loss Solutions, Wigs, and Hair Extensions business solve medical & fashion needs in Fresno. Offering Personalized and Compassionate Solutions in Hair Extensions and Wigs – Bridging Medical Necessity to Fashion Enhancement Since 2003. Become a part of our legacy with a turnkey opportunity! This thriving business has been restoring confidence and vibrancy to individuals, especially those facing medical hair loss. Seller will be available in an advisory capacity post acquisition on a negotiable basis. This profitable venture, currently running predominantly absentee, awaits your personal touch. With the seller managing another studio in San Diego, she was in the Fresno location just 26 days in 2022 and less in 2023. Seize this chance to step into a lucrative business supported by three dedicated local employees. Your journey to business success and making a positive impact begins here!" 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. 

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Property Features and Assets:

The studio and current employees have capacity to double current sales with a focused owner operator that actively advertises and markets the business. There is no local competition.

2023 sales were $451,228 with SDE of approximately $220,068 assuming full-time owner replacing payroll or a little under $200k if buyer elects to continue in a largely semi-absentee capacity similar to seller involvement.

SBA possible with at least $120k down (but no seller financing). Alternately, seller will consider a note for experienced operator with good credit up to to 40% of asking price (assuming no other financing). Aggressively priced at $395,000.

Monthly Rent: $2,921.36

Square Units (Foot, Meter): 2,100

Lease Expiration Date: April 30, 2024, 12:00:00 AM

Reason for Selling:

Other business interests.

Additional Details:

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