Business Overview:

SBA Approved -Recession Resistant Non-Surgical Hair Replacement Company With 90% Recurring Revenue! - SC2114

Financial Information
Asking Price: $1,600,000
Cash Flow: $367,571
Gross Revenue: $1,350,000
Down Payment: $1,600,000

This Northern California Non-Surgical Hair Replacement Company is a California S Corporation and was started more than 23 years ago and has been under current ownership since inception. They offer hair loss prevention and regrowth products and treatment services, wigs and toppers, and non-surgical solutions for men’s and women’s hair loss. Customers enjoy an ideal centrally-located private, upscale hair loss clinic that brings together the most sought after hair restoration solutions in the world. By dedicating themselves to offering the finest, most advanced restorative products through precision delivery, individualized attention, and integrity to the customer they have become the go-to resource in their city and surrounding areas for individuals from all walks of life seeking assistance with their hair loss problems.

This business is mostly ALL recurring revenue at a 90% rate, that grows every month as new clients are added! This is the perfect business to own! Not only are they recession proof, they are Covid proof as their revenue increased through Covid.

CA 02100708
NV 1003039

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Property Features and Assets:

Business Location
City: Northern California
State: California

Facilities
This space was renovated in late 2017 to specifically fit their type of business and sales have doubled since the improvements. The office is very clean, professionally decorated, and includes a waiting area, receptionist office, 4 large treatment / styling rooms, consultation room, large wig room, breakroom, lab / prep room, hair storage room and two executive offices.

Detailed information
Year Established: 1999
Home Based: No
Franchise: No
Relocatable: Yes
Lender Prequalified: No
SBA Prequalified: Yes
Full-Time Employees: 3
Part-Time Employees: 1
Contractors: N/A
Owner Worked Hours/w: 30
Adjusted EBITDA: $243,536
Inventory Included: Yes
Inventory Value: $300,000
Monthly Rent: $5,388
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 3079
FF&E Included?: Yes
FF&E Value: $100,000

Market Competition and Expansion:

The excellent growth of this business can be continued simply by utilizing their current budget and winning marketing and customer services strategies to ensure ongoing success. Additional growth can be obtained by increasing digital marketing and social media presence through the industry experienced marketing group they have used for 8 years.

Training/Support
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training may be provided at agreed upon price and terms between the new Buyer and Seller.

 

Reason for Selling:

The Sellers would like to pursue other interests.

Additional Details:

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