V-AID Business Investment Advises Rome and Tuck, LLC. on Sale of Bloom Hair Bar to AB & Hart Investments, LLC
City of Fort Worth – V-AID Business Investment is pleased to announce the sale of Bloom Hair Bar to AB & Hart Investments, LLC. Bloom Hair Bar is in a 1,267 SF retail strip center at 2401 Heritage Trace Pkwy #109, Fort Worth, TX 76117.
Bloom Hair Bar was acquired by Rome and Tuck, LLC. in 2019 and has been operated by the current owner since its opening. The current owner is an investor and acquired the business in 2019 and has put in a great deal of capital and effort to rebrand, staff, and remodel the business. It had a downturn during Covid and has now fully recovered with growing revenue as of this year. This salon has a wide customer base but primarily focuses on High-Mid income to High-End clientele. The average price per service is over $50 and the average price per product is over $20.
Moon Kim with V-AID Business Investment, as an exclusive business broker for Bloom Hair Bar, provided sell-side advisory services for Rome and Tuck, LLC. from business valuation, marketing and negotiating the sale to transfer of business. V-AID Business Investment is a fully-fledged business broker and M&A advisor that assists the business owner in sell their business for the maximum value while finding the right buyer who can continue to grow the business.
“By following a strategic exit plan set forth early on in the process, we were able to locate a sophisticated strategic buyer who was able to identify the synergistic value of this business and helped our client achieve triple-digit return on the initial investments. I believe this business and its employees are now in good hands ready to be taken to the next level.” said Moon Kim, CBI, M&AMI, CM&AP, BCB, Managing Director for V-AID Business Investment in Dallas.
Since 2001, V-AID Group, a team of resilient business brokers and M&A advisors in Dallas TX, has been specializing in selling small to mid-size businesses in the main street to the lower middle market. V-AID’s experienced team of experts has a proven strategy that will ensure strict confidentiality, a streamlined selling process, and the maximum value for the business. With deep expertise accumulated from hundreds of done deals, V-AID delivers superior results by providing clients with strategic planning and creative solutions tailored to each transaction. Combining V-AID’s proprietary database of buyer networks and industry-leading marketing, V-AID offers a proven selling method that has been the solution to a value-added exit for hundreds of business owners with a completion of 606 transactions totaling over 134 Million Dollars and continuing.