Highly Profitable and Essential Wig Salon Business for Sale
Industry: Beauty and Personal Care
Hugely profitable year-over-year. No experience required.
Well-established and highly profitable wig business for sale. Deemed an essential business because it’s classified under durable medical this business has continued to remain profitable during this pandemic month after month. A turn-key business opportunity offering positive cash flow year-over-year. Long-established wig and hairpiece salon business has strong ties to the community and supports a vast demographic suffering from hair loss. Owner-operator run business is staffed with knowledgeable professionals there to assist with the needs of each client whether for a wig fitting or a simple service or product purchase. Great opportunity for someone looking for a rewarding career and profitable business. No experience or cosmetology license required. Opportunity includes post closing training and transition assistance. Seller is ready to retire. *Financials represented are year-end 2020 figures. This opportunity is being offered for sale at a low asking price of only $150,000.
Asking Price: $150,000
Gross Income: $334,950
Down Payment: $150,000
Cash Flow: $115,932
FFE: $20,000 (Included in Price)
Reason For Sale:Retirement
Training & Support:The seller is willing to train, the time frame is negotiable.
Year Established: 1999
Days & Hours of Operation: 6 days per week, Closed on Sunday
Owner Hours Per Week: Varies
General Location: Phoenix
Square Footage: 1,900+/-sqft