Every Entrepreneur’s Business Resource

Highly Profitable and Essential Wig Salon Business for Sale

Price: $150,000

Location: Phoenix

Industry: Beauty and Personal Care

Listing Description

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.

Listing Details

Asking Price: $150,000

Gross Income: $334,950

Down Payment: $150,000

Cash Flow: $115,932

FFE: $20,000 (Included in Price)

Inventory: $65,000+/-

Reason For Sale:Retirement

Training & Support:The seller is willing to train, the time frame is negotiable.

Operation

Year Established: 1999

Days & Hours of Operation: 6 days per week, Closed on Sunday

Owner Hours Per Week: Varies

Employees: 5+

Location

General Location: Phoenix

Square Footage: 1,900+/-sqft