A thriving wholesale hair and beauty supplies business, that offers products to it’s longstanding, loyal trade customers. Featuring a wide range of products, over 300 of which are exclusive to this business, the company has become the go-to place for salons in the area and has been a huge success since it first opened its doors in 2017.
Key Points:
Turnover: £375,000
Guide price: £99,000 plus SAV (stock at valuation)
· Hands-off owners, with a team of employees dealing with all day-to-day operations.
· Consistently high turnover with a great reputation within the local market.
· Over 90% regular, repeat customers.
· Large social media following with excellent reviews online.
· Prime store location with good transport links, large shop floor, training facilities, dedicated office and storage space (approx. 1200 sq ft total).
· Huge opportunity to grow turnover and profits by implementing website/online sales and running advertising campaigns, the business currently operates through word of mouth and repeat business.
Based on a convenient, popular trading estate in Birkenhead, the business has a great space to display it’s products on the ground floor, with upstairs featuring an office and large room which is currently used as a training facility for suppliers and other customers.
The existing owners run the business in a hands-off capacity, and the business for sale has a full complement of employees who can continue day to day operations for the new business owner, without any disruption to operations. A full handover period can also be agreed with the current owners if required, to ensure a seamless transition.
The impressive turnover, that has been generated consistently over many years, is taken purely over the counter through direct sales in the shop and via deliveries to local businesses, leaving huge scope for a new business owner to drive further sales through advertising, online channels, and expanding their product offering to customers outside of the immediate / local area. The business has consistently been profitable and is ready and waiting for an ambitious new owner to drive further sales and profits.
For further information please follow the link to make an enquiry today or contact Vincent Stevenson at Business Monkey directly.
