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Spin-off hair products oppty for Sale in New Jersey
| Reference #: |
622030
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| Location: |
New Jersey
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| Price: |
$1,000,000 |
| Amount Down: |
$1,000,000 |
| Revenues: |
$8,064,000 |
| Discretionary Earnings: |
$971,000 |
| Total Assets: |
$0 |
| Business Description: |
A hair-replacement entrepreneur, with a very successful location providing custom and proprietary hair-replacement treatments for over 20 years, seeks a partner to launch a spin-off hair products company ("newco").The product line is fully developed and production and fulfillment issues are all resolved. The developer/owner needs capital to properly launch and support the product(s) and is completely open to meshing the marketing vision and expertise as well as general business acumen of his partner/backer with his own. Current plans are to sell the product(s) directly to consumers primarily through infomercials and internet channels. It may also make sense to create a line for salon professionals.The revenue and profit numbers indicated represent 2nd-yr base-case assumptions. The asking price assumes a 50% interest. The core business is expected to generate revenue of approx. $2.5 mil and discretionary earnings of $325k in 2010. This is in line with the average results over the past two years. In conjunction with the newco opportunity, an ownership interest or partnership in the core business is something the current owner is willing to consider.For further information, please contact Gary Glaser (gary@vrbeacon.com or 203-731-2400). |
Contact Us About This Business For Sale
The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business. |
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