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A SellerForce® offering, this business is a hair salon that provides a range of styling services for clients. In the past 3 years, the company has grown to offer 21 different services and has cultivated a very loyal customer base. Today, their Repeat Customer Rate ranges between a whopping 85-90%.The company has become well-established in La Mesa, Calif., where the hair salon is based, and where the company hosts community events. With 30 customer visits daily and sales on their eCommerce shop rising quickly, the company is now enjoying 74% SDE margins.This is a profitable business for another reason: the business requires little to no additional working capital to cover its basic overhead, enabling the company to maximize profits. The company also generates revenue at its salon from hair stylists renting space as independent contractors. These rental payments cover most of this business’s monthly overhead, while their low churn rate of just 5% and high number of upsells are also helping the business grow.Those customers are providing the company with a key marketing tool: word-of-mouth referrals and glowing testimonials about their services and products. The company appeals to customers of all ages, who now spend between $600 and $1,000 a year at their shop, having made it their regular stop for expert hair care.In addition to customer referrals, the company is building brand recognition through its posts and videos on Instagram and runs PPC ad campaigns on Google to boost visibility within the community. Their online videos have been effective in showing the results of their grooming services.Another asset this company provides to a new owner is an email database with 1,870 subscribers, and there is an informative blog on the company’s website.The company has been featured in news profiles by local network affiliates. A new owner could easily scale this company, including by renting space to more hair stylists and selling products online. The company could also invest in additional digital marketing tools, including having the website fully optimized for SEO keywords to help the site get solid rankings in search engines, and promoting their video marketing on sites such as TikTok and YouTube.Key Valuation Points74% SDE MarginsMinimal Working Capital Needs to $5K/Month Overhead30 Customer Visits Daily90% Repeat Customer RateHigh 90% Customer Retention RateLow 5% Churn Rate$1,000 Lifetime Customer Value1,870 Clients in their DatabaseWell-established Brand in their Local MarketOne-stop Shop for Adults and ChildrenContact Seller Force today to learn more about this unique investment opportunity.Listing ID: SF505
Exclusive territory. #1 Industry leader since 2001. 100% financing for U.S. citizens who qualify* plus software package with complete training. $100K 1st year profit potential. National alliances...
Green Bin kathy ireland Rents, Delivers and Picks up Eco-Friendly Packing Bins. An Eco-Friendly Alternative to Cardboard Moving Boxes. Fully automated business for a Single owner operator or an Absentee owner. For about the same cost of flimsy, ecologically disastrous cardboard boxes, we rent, drop off and pick up sturdy, reusable plastic packing bins to our customers.
American Business Systems has been America's Leader in Medical Billing with Unparalleled Training, and Support for over 25 years. $100k Potential working from anywhere, full-time or part-time. Learn more about this great opportunity!
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