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| You have accessed this listing information from the VR National database through: | This business is listed and represented by: |
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VR Business Brokers - Clinton, NJ 59 Old Highway 22 Clinton, NJ 08809 (908) 735-6357 www.vrica.com vr4061@vrbusinessbrokers.com |
VR Business Brokers - Danbury/Bethel, CT 2 Stony Hill Road, Suite 206 Bethel, CT 06801 (203) 731-2400 www.vrbusinessbrokers.com gary@vrbeacon.com |
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Business Listing Details |
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LISTING#: |
I0300: Cosmetics or Beauty Supply Spin-off hair products oppty |
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LOCATION: New Jersey |
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ASKING PRICE $1,000,000 |
AMOUNT DOWN $1,000,000 |
REVENUES: $8,064,000 |
DISCRETIONARY EARNINGS $971,000 |
TOTAL ASSETS |
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| 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). | |||||
| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |