Innovative Hair Extension & Training Firm in Warwickshire For Sale
Sandbach, Cheshire
- Status
SOLD / WITHDRAWN
- Advert ID
518499
- Reference
B07362 / Rightbiz
- Call Agent:
- Leasehold: £49,995
- Turnover: £400,000 (£7,692 per week)
- Net Profit: Not Applicable
Business Details
Popular & Celebrity Recommended Hair Salon For Sale
BusinessPlease quote reference B07362
Established in its current form in 2022, this company has been a prominent name in the haircare and beauty industry since 2013. The Hair Extension Group is renowned for its innovative hair care techniques—such as nanos, naked weave (trademarked), tapes, and mesh integration—the company has grown and evolved to operate nationally. Alongside its services, it has expanded to offer award-winning training packages, providing both in-person and remote courses. The main courses offered include:
Accredited Course:
- Naked Weave - 1-2-1/Online & Group
- Nanos & Micro Rings - 1-2-1/Online & Group
- Tapes - 1-2-1/Online & Group
- Naked Mesh Integration - 1-2-1 & Group - Online in process
- Naked Topper - 1-2-1/Online & Group - Online in process
- Combi Course (Nanos, Micro Rings, Tapes & Naked Weave) - 1-2-1/Online & Group
- Celebrity Styling Series - Online
- Cutting & Layering with Jason Meacher - Online
- Curly Blow Dry Masterclass - Online
- Instagram Launch & Grow By Socialista - Online
- Canva Training - Online
- Bespoke Refresher Training - 1-2-1 & Zoom
- Education Excellence Winner 2023
- Education Excellence Finalist 2024
The company has recently undergone a rebranding, with a new e-commerce website set to launch soon. This rebranding included a significant UK-wide diversity campaign, which will be released when the new website goes live. Additionally, the company has secured a tender with a globally recognised brand for showcasing hair styling in UK department stores and airports.
Highlights:
- Multiple revenue streams
- National operating territory
- Reputation for innovation
- Large and growing customer base
- Strong digital presence
- Recent investment has grown the business rapidly
- Young company with enormous potential
Moreover, there is considerable scope to diversify and broaden the company's product and service offerings. By tapping into this potential, the company can cater to a wider array of customer needs and preferences, enhancing its market presence and competitive edge.
Additionally, the company has a promising opportunity to become the sole supplier to its clients. This would not only secure a steady demand for its products and services but also foster long-term relationships with clients, ensuring sustained business growth and stability.
This thriving business boasts a growing list of active clients and offers numerous exciting opportunities for a potential buyer. As a young yet reputable company with excellent growth potential, it has plans to expand its range of in-person salons. The current team is fully self-reliant but would also welcome new leadership to drive future growth.
Location
The company have a salon based out of Nuneaton. This is fully furnished with a storage room and a room for training to be carried out with plenty of parking available within the proximity.
Their main office is based in Sandbach, Cheshire.
Premises
Serviced space so there is potential to expand into other units.
Tenure
This opportunity is being sold on a Leasehold basis.
We are advised the Nuneaton salon lease agreement is due to expire in 2025.
The current rent is £1,500 per month.
Hours
Information can be disucssed upon further negotiations.
Staff
There are currently 4 members of staff based in their Cheshire office (staff are free to move offices).
Financial Profile
- Forecasted T/O for 2024 - £400,000
- Purchase price of stock - £82,259.09 (RRP total - £131,979.84)
- 100% Share Capital
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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