Very Profitable Hair Replacement and Restoration Business

Listing Number: 76551-742467

Description

In business almost 50 years, this owner purchased 35 years ago after being a happy customer. Don’t miss this ideal opportunity for any entrepreneur with no special license or education required to own this business- just a passion for helping people with hair loss. The company has a solid track record of highly profitable financials with just over 50% of revenue coming from recurring treatments. Low competition with customers coming from all over the Middle Atlantic area as well as clients from out of the region. Steady income in good times and bad. The business offers various products and non-surgical solutions such as hair transplants, laser hair therapy, human hair wigs and extensions, hair systems, and relate products for both men and women.

• SBA approved with a 20% down payment and any sales or business-owner experience.
• Easily manageable team of 5 employees. Some have a cosmetology background.
• Plenty of room to grow as the current owner is only working about 25 hours per week at a single location and ready to retire.
• Business listing details provided to qualified buyers who sign an NDA to keep information confidential.

Listing Details

• Price: € 675,000
• Down Payment: €675,000
• Sellers Discretionary Earnings: € 211,000
• Total Sales: € 850,000
• Location: Baltimore County, Maryland


• Inventory: € 10,000
• FF&E: € 74,000
• Employees: 5
• Year Established: 1967
• Reason for Selling: Owner Retiring
• Category: Beauty/Personal Care