ACQUISITION OPPORTUNITY R-1734

Non-Surgical Hair Replacement Salon

Male and Female – Cosmetic and Health Related

This company has achieved success in building a business that has earned the trust and respect of an impressive array of clientele and referral sources.  The business is operated absentee with a general manager running the business.  The company’s staff is comprised of experienced professionals who are dedicated to customer service and continued education.  These individuals have developed specialties in several distinct areas, and collectively, they provide a comprehensive choice of solutions for those experiencing hair loss. 

The company serves the needs of a full spectrum of customers, including male and female cosmetic and health related hair loss solutions.  The company’s highly professional and qualified staff, along with its history of very satisfied clientele, has resulted in a “who’s who” physician referral network.

The company has been a highly successful business since its founding, experiencing consistent growth and increased profitability every year. The business is expected to earn approximately $150,000 to 160,000 in 2002.   

Experience in the industry is not considered a requirement to continue the successful operation of this business.  Currently operated (mostly) absentee (owner lives out-of-state), the buyer could continue to operate the business in this manner - or if more involvement is desired, assistance in sales and marketing would allow this business to grow much faster.

The business is offered for sale for $295,000 free and clear of debt.

         P&L  Summary                                                                                           Assets Included

ACF (Adjusted Cash Flow) is the pretax cash flow of the company prior to expenses of seller’s salary, depreciation, and certain seller discretionary expenses that will be eliminated upon the sale of the business.