Flourishing Non-Surgical Hair Replacement Systems & Salon

Business Description

This flourishing business was started in 2001. The focus of the business is providing an authentic looking, non-surgical, hair replacement system for their clients, in a very discreet and private setting. The business is primarily a single owner operated business and it currently located in the owner’s home. The business will be simple to learn and operate for anyone with experience in the hair salon industry, and the Seller will provide training and transition assistance to help ensure the success of the new ownership. The business has a very good clientele with 124 customers and recurring monthly revenue of close to $9,000 per month (set up on service contracts with pre-authorized debit payments monthly). The owners have been successfully operating and growing the business with no advertising outside of the company website. This is a very niche business with few true competitors in the province. The business has many options for growth and expansion if the new owners wish to aggressively market the business and focus on many different expansion opportunities. It would be a very accretive acquisition for an existing hair business or salon. The business includes the existing hair systems inventory, retail product inventory, website (with very good search engine history), phone number, styling chair, sink and commercial hair steamer, service contracts and database of client info. Owner is ready to exit and pursue other business interests.

Details

Business ID: REGI0023
Business Category: Health and Personal Care Stores
Location: Saskatchewan, Saskatoon, Saskatchewan
Financing: Available
Status: New

Financial Information

Asking Price: $ 239,000
Gross Revenue: $ 139,930
SDE: $ 80,861
FF&E (included): $ 35,000
Inventory: $ 3,500
EBITDA: On request
Down payment: On request
Occupancy Cost: On request

Business Presented By
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