Profitable Hair Studio Specializing in Wigs and Hair Extensions
Asking Price: | $645,000 |
Gross Revenue: | $589,730 |
Rent: | $5,330/Month |
Established Year: | 2017 |
Cash Flow: | $430,218 |
Inventory: | $35,000 |
FF&E: | $13,425 |
High margin business with significant room to grow!
Transworld Business Advisors of Fremont DRE# 02194963 presents:
This one-of-a-kind hair studio is known for its unique products and services that are hard to find elsewhere in the Bay Area. While other “salons” focus solely on cut, color and blow-dry services, this “studio” also offers a full suite of hair products such as wigs, hair extensions and toppers as well as non-surgical hair replacement products and services that generate multiple revenue streams and are highly profitable. Another specialty of this studio is organic smoothing treatments that most others don’t offer.
The studio utilizes the latest and greatest products and techniques that delight customers who keep coming back for more. The business has also built a stellar reputation for friendly, caring and personalized service, as evidenced by their impressive reviews on Google and Yelp. The owner has a database of over 500 clients that is growing by the day.
The studio operates out of 900+ sq ft facility in a fantastic location with plenty of nearby parking and shopping that leads to substantial walk-in business. The owner, who runs the business by herself and is retiring, will help the new owner with transition and is also available to be hired back for a few months. This is an ideal opportunity for someone who wants a highly profitable business with significant potential for further growth. The new owner can continue to offer both hair services and merchandise, or focus on just growing the merchandise (wigs, hair replacement products, extensions and toppers) business without the need for a cosmetology license.
A limited amount of seller financing may be available for qualified buyers at the sole discretion of the owner.
Agent: Shailendra Gupta DRE# 02169356
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