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Los Angeles

  • Listing Number: 130-21441

    Category: Beauty, Service - Personal B2C

Asking Price $1,200,000
Gross Revenue $1,342,590
Total Adjusted Net Income $394,115
Equipment / Fixtures $50,000
Year Established 2002
General Location Los Angeles
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Tap into the secret world of hair replacement! This under-the-radar industry offers the utmost discretion to clients, while enjoying recurring revenue, product/service diversification, and high profits. This is a truly rare opportunity to acquire a profitable and growing non-surgical hair replacement clinic in the Greater Los Angeles Area. This is ideal for a buyer who is passionate about helping people feel good about themselves. The business serves both men and women struggling with hair loss to improve their quality of life, self-esteem, and to give them the confidence to look and feel their best. The clinic specializes in non-surgical hair replacement, hair rejuvenation, and hair care & maintenance for both male and female clients. The business serves clients with thinning hair or genetic pattern baldness, suffering from diseases such as Trichotillomania and Alopecia, or clients experiencing hair loss due to chemotherapy. Most clients remain clients for life once they experience the positive impact that the hair replacement product has on their quality of life. The business is completely turn-key with a General Manager in place and is primarily absentee-operated by the owner, working approx. 6 hrs./wk. in the business. The business has proved to be recession-proof, withstanding economic cycles while maintaining growth, profitability, and limited attrition. The business owns a branded hair care product line that is currently sold to customers but could also be expanded via an ecommerce strategy. Inventory and A/R are not included in the asking price, but they are available for sale. Inventory is approximately $100K and accounts receivable is approximately $225K on average. Inquire Now! Call or Email: cecily.vaughn@fcbb.com

Gross Revenue
$1,342,590
Listed Price
$1,200,000
Total Income
$394,115
Base Rent
$5,519
Square Feet
2280
Total Rent
$5,519
Lease Expiration
07/2022
Rent Deposit
$20,938
Inventory
Not Included
Leasehold Improvements
20000
Equipment / Fixtures
$50,000
Full-Time Employees
6
Training Period
30 Days
Special License Required
Registering with the Board of Cosmotogy
Reason for Selling
Seller started the business for his wife to run and it has grown to large for her and is ready for a buyer to take over.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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