In order to contact the buyer/seller, you must be a registered user of the site and must be logged in

Retail

Beauty Supply Stores

THE BUSINESS Advent Business Sales is delighted to have been instructed to offer to the market this outstanding, extremely well established and profitable supplier of professional hair and beauty products. The business, which was founded over 30 years ago, has been in the careful hand of the current vendors for over 3 years and is only now being reluctantly offered for sale as they are unable to give it their full attention due to the extreme pressures of their other businesses. Our clients have their own branded products which they supply to wholesalers nationally with many items not available from any other source. They include: Cosmetic pads Hairdressing foils Cotton wool pads First aid kits Our clients are prepared to work with a new purchaser for a period of time to ensure a smooth hand over, introduction to existing customers and to help with the many new products which are currently being developed. The business, which is managed on a part time basis by our two vendors, also has a part time account manager who works approximately 1 day per week and has 4 self employed agents with a further 2 being appointed shortly. They currently achieve annual sales of approximately 289,000 + gross profits of approximately 121,000. However, with the new products coming on stream, these figures could quite easily double in a very short period of time. The business is totally re-locatable and requires only a single office provided external warehouse facilities are available, it is envisaged that approximately 2000 sq ft would be sufficient for present needs. This is a low overhead and high profit business and would be an excellent investment for an enthusiastic and committed individual or as a bolt on for an existing operator. We are advised that stock at cost is in the region of 45,000. TRADING HOURS Mon Fri: 9.00am - 5.00pm EXPANSION POTENTIAL Our client clearly has a very successful business and has many exciting developments on the horizon, many of which a new purchaser will reap the rewards, namely: 1. Developing a new range of shampoo s, conditioners and furniture 2. Approach customers within the pharmacy industry, he is aware that potentially turnover could double from just one customer 3. Only currently deals with 3 out of 8 major wholesalers, the others he feels, are sure to be interested 4. Resource some of the products to cheaper suppliers in China or India 5. Further development of a retail carton display with refills provided by the local wholesaler 6. Further development of the brand name. This is a business, which is expanding rapidly and has huge potential for the future, the first person who truly appreciates what is on offer, I am sure will want to take it on. FINANCIAL INFORMATION We have been advised by the vendor of the following: Annual sales: 285,000 Gross Profit: 125,000 Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. TENURE: Fully relocatable

In order to contact the buyer/seller, you must be a registered user of the site and must be logged in