Available

Thriving Hair Studio in La Mesa, CA | Strong Brand Presence with Community Engagement | 74% SDE Margins & 90% Customer Retention | Multiple Growth Opportunities

Custom Shirts, Hats & More | Multi-Channel

Asking Price:

$275,000

Sales: 

$192,888

Profit:

$142,788

Year Established:

2022

Multiplier: 

1.9

A SellerForce® offering, this business is a hair salon that provides a range of styling services for clients. In the past 3 years, the company has grown to offer 21 different services and has cultivated a very loyal customer base. Today, their Repeat Customer Rate ranges between a whopping 85-90%.

The company has become well-established in La Mesa, Calif., where the hair salon is based, and where the company hosts community events. With 30+ customer visits daily and sales on their eCommerce shop rising quickly, the company is now enjoying 74% SDE margins.

This is a profitable business for another reason: the business requires little to no additional working capital to cover its basic overhead, enabling the company to maximize profits. The company also generates revenue at its salon from hair stylists renting space as independent contractors. These rental payments cover most of this business’ monthly overhead, while their low churn rate of just 5% and high number of upsells are also helping the business grow.

Those customers are providing the company with a key marketing tool: word-of-mouth referrals and glowing testimonials about their services and products. The company appeals to customers of all ages, who now spend between $600 and $1,000 a year at their shop, having made it their regular stop for expert hair care.

In addition to customer referrals, the company is building brand recognition through its posts and videos on Instagram and runs PPC ad campaigns on Google to boost visibility within the community. Their online videos have been effective in showing the results of their grooming services.

Another asset this company provides to a new owner is an email database with 1,870+ subscribers, and there is an informative blog on the company’s website. The company has been featured in news profiles by local network affiliates.

A new owner could easily scale this company, including by renting space to more hair stylists and selling products online. The company could also invest in additional digital marketing tools, including having the website fully optimized for SEO keywords to help the site get solid rankings in search engines, and promoting their video marketing on sites such as TikTok and YouTube.

Contact SellerForce today to learn more about this unique investment opportunity.

Listing ID: SF398

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$298,108

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The team at SellerForce works so well together to aid business owners to sell their online or tech businesses. These owners can be confident that SellerForce is working to find the right buyer for the future of the enterprise, and helping to ensure a deal that is fair to both buyer and seller.”

Daniel Sandon

I’m extremely happy with the entire SellerForce team. These guys are the real deal and have helped us every step of the way. They have fought for our best interests and hooked us up with multiple connections to help fortify our company. Very thankful and I would 100% recommend them to any buyer or seller.

David Shoham

I would like to take the opportunity to thank SellerForce for all of the assistance in selling my business. They had outstanding professionalism, and did a great job preparing advertising for my company. We appreciate everything you have done and will recommend your company to others!

Jason Scriabin

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