AB242-Surrey-£595,000- “Clipped in” & “Pre bonded” Hair Extensions

Surrey, United Kingdom

AB242-Surrey-£595,000- “Clipped in” & “Pre bonded” Hair Extensions

Asking Price:$766,181

Cash Flow:$306,340

Gross Revenue:$1,628,643

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Lease Rate:N/A /SF

Established:2009

AB242-Surrey-£595,000- “Clipped in” & “Pre bonded” Hair Extensions

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Business Description

Online E-tailer of Highest Quality “Clipped in” & “Pre bonded” Hair Extensions
Extensive range of human and synthetic products
Ref. AB242
Location : Surrey
Asking price: £595,000 + SAV
The business was established by the present owners in 2009 and has become an extremely well established mainly online retailer specialising in hair extensions, including human hair and synthetic material. The range on offer is one of the widest available online and while it can be said that products are shipped internationally to customers from all corners of the globe, 90% of current sales is in the UK and 90% of all trade is online.

Despite the bias toward online sales the company believes that a high street presence alongside its warehousing and office provides a visual focus for the customer.

The business has developed an enviable Ebay presence and strong social media following that results in a high degree of direct sales and such customers that begin their relationship with this retailer through its Ebay account and go on to become long term customers with the main retail site.

In 2014 the company held the EBay record for most visits!

The real power and energy of the online shop comes from the quality and reputation of the Ebay and social media activities, the nature and quality of the online following and the high levels of customer service and satisfaction they generate.

The company operates from offices and storage premises that also include a retail space; te vendor believes that a High Street presence is useful in promoting the company’s tangible credibility.

Not surprisingly, the shop enjoys a good level of patronage – including many international customers on the company database; the store enjoys a high percentage of repeat custom, empowered by the nature of the products represented.

The target market for the online shop is typically female and aged 16 – 40 years old.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
06
Facilities:
The premises are leasehold and arranged very flexibly, with no long term commitment.. The square footage for the retail area is circa 500 sq. ft., the office area is circa 600 sq. ft. and the warehouse and despatch area is circa 800 sq. ft. The rent is circa £30,000 per annum.
Competition:
Internet only, to include Search Engine Optimisation, EBay, Facebook and a company YouTube channel.
Growth & Expansion:
The business has grown organically and further marketing for both the shop and website could build on the existing excellent customer base.
Support & Training:
The owners are happy to provide training for an agreed handover period.
Reason for Selling:
The vendors wish to commit more of their time to demands of their young family

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Reeta Verma

Business Listed By:
Andrew Hudson

Turner Butler

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