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Listed by:

BTI Group

Broker license number: 01160661

Established Hair Replacement Specialists In California For Sale

California, California - North, US
Asking Price:
$1,125,000 Inventory / Stock included
Sales Revenue:
$1,619,146
Cash Flow:
$575,984

This company is one of the largest non-surgical hair restoration providers for women, men, and children who experience any type of hair loss. Wigs are a small part of revenue; the large majority of revenue is hair restoration, with jobs starting at $1,500 up to $7,000 or higher, plus revenues are generated by maintaining the restorations. This is a recession-proof and essential business, with revenues increasing steadily over the past 5 years. The company has the capacity to expand exponentially, either through organic growth or the addition of other locations. The company generates revenues from non-surgical hair replacement, preventive treatments, and products for hair. The company has a strong team of 12 full-time specialists, many of whom have worked for the company for up to 20 years, and they receive the latest industry training every year. This well-trained staff and their expertise allow the owner to concentrate on management, sales, and growth. The owner does not work with clients; the specialists handle that part of the business. Their training allows the business to offer the best options to address the needs of many age brackets and genders, with options to offer a critical advantage to many young professionals with diverse needs. The company provides its clients with the latest and most natural-looking hair replacement and also offers topical hair loss treatment.

The owner is willing to help through the transition period for approximately . 90 days after the close of the escrow and may entertain remaining with new management for a longer period on a consultancy basis. Additionally, key employees are available to remain with new ownership beyond the sale of the company.

The company has been in business for 26 years and enjoys a long-standing reputation for the quality of its products and services, expertise, dependability, and superior customer support. The company’s reputation in the industry is the result of conducting business with a philosophy that is supported by professionals, principles, values, and ethics. As a result, the majority of its business comes from repeat business, referrals, social media, and its web site. 11091

Property Information

Real Estate:

Lease

Lease Terms:

The current lease will expire 4/30/2024, no options, will need new lease
Down Payment $112,500

Premises Details:

Rent $7,857 monthly gross no NNN
The amounts shown as Sales Revenue and Cash Flow are for 6 months ending June 2023

Size in square feet:
2,793

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday thru Saturday from 9 am to 5 pm, Closed Sunday

Employees:
3 FT/6 PT
Years established:
1997

Other Information

Support & training:

2 weeks, 40 hours per week

Financing available:

SBA pre-approved

Inventory / Stock value:
$122,000 - included in the asking price

Listed by

BTI Group

Broker license number: 01160661