How do I find a hair replacement or hair loss clinic for sale?
Search under several names, because listings call the same kind of business a hair replacement studio, a hair restoration business, a hair loss centre or a hair system studio. Then sort the results into non-surgical studios and physician-run clinics, which are different purchases. Ask the seller or broker what exactly is for sale and whom the broker acts for.
Listing sites rarely agree on what to call these businesses, so a single search misses most of them. A buyer who tries only one phrase sees only the sellers who happened to use it. Plan to run several searches, save the results in one place and read each listing for what it actually describes. A salon listing is read differently; our page on reading a hair salon for sale listing covers that.
The names to search under
- Hair replacement studio, hair system studio or non-surgical hair replacement.
- Hair restoration business, which can mean a studio or a clinic.
- Hair loss centre, wig and hair loss boutique, or hair extension studio.
- Trichology or scalp care practice, which may sit on either side of the line below.
Studio or physician-run clinic
A studio fits, maintains and styles hair systems and similar products. A clinic that offers medical treatment or surgery may have professional supervision and ownership requirements, which are a question for a lawyer, not for a listing. Decide early which kind you are shopping for. If a listing blurs the two, ask the plain question of what services are provided and by whom.
Where listings turn up
Check business-for-sale sites, brokers who handle personal-service businesses, supplier and manufacturer contacts, and industry circles. Suppliers often know which studios are quietly thinking of selling. Tell people what you are looking for and what kind of studio would suit you, so a lead reaches you before it is posted.
First questions to ask
Ask what is included: the name, the client records, the equipment, the stock and the supplier relationships. Ask why the owner is selling, and whether they would stay on for a handover. If a broker is involved, ask which party the broker represents. Request the basic financial statements and an information package under a confidentiality agreement.
Related reading
12 pages on the same subject, grouped by topic.
Buying
- Expert answerHow do I read a hair salon for sale listing?
- GuideBuying a hair salon in Canada
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Due diligence
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 03Business Development Bank of CanadaGovernmentWorking with a broker to find a business to buy
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