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  • RE:  Hair Replacement Industry, No Experience Needed.
  • Contact:  Bill Kraemer
Owner Financing is Available!
The seller is willing to finance to a qualified buyer. 25% down (ask me about the terms).

Quick Facts

Asking Price: $1,325,000
Annual Revenue: $1,584,374
Net Profit: Not Disclosed
Cash Flow: $303,429
Total Debt: Not Disclosed
FF&E: $7,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 7
BBN Listing #: 938476
Broker Reference #: 8613 B.K.

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Business Overview:

TYPE OF BUSINESS: Hair replacement industry focuses on lead conversion. The corporate office is located in the Twin Cities but could move anywhere in the United States. The business generates 300-400 leads per month and consistently closes at approximately 12% overall. The Minnesota location closes at 30% based on brand strength and minimal competition in the market. There are approximately 3,000 existing clients worth $295 bi-annually for touch-ups/enhancements. All the leads come from referrals, online via Google, social media, and paid advertising (FB, IG, TikTok, and YouTube). The buyer doesn’t need experience in this service, but a background in sales and marketing would be beneficial. 

GROSS SALES: 2023 sales were $1,584,374, with a cash flow of approximately $303,429, 2022 sales were $1,791,985, with a cash flow of approximately $356,519, 2021 sales were $1,916,238, with a cash flow of approximately $$447,552.

 

SALES PRICE: The seller is asking $1,325,000 for the business, which includes furniture, fixtures, and equipment valued at about $7,000. Seller financing is available to a qualified buyer with 25%  down at closing (ask me about the terms).

 

REASON FOR SALE: Retirement

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Property Features and Assets:

FACILITY: This business operates out of a 2,700 square feet office space in Minnesota and a second location in Maryland with 625 square feet

9 “certified”) affiliates (markets, sells, and performs the service) and 24 affiliate locations (performs the service). 

 

Reason for Selling:

retirement

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

Relevant Links:

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