Online E-tailer Of Highest Quality “clipped In” & “pre Bonded” Hair Extensions
extensive Range Of Human And Synthetic Products for Sale
Leasehold : £ 595,000
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.
Online E-tailer of Highest Quality “Clipped in” & “Pre bonded” Hair Extensions
Extensive range of human and synthetic products
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.
This opportunity is an ideal business for anyone looking to engage with a successful E-tailer in this specialist product area or for someone already in the sector looking for a strongly performing, additional outlet to bolt onto their existing business activities.
Competition is considerable but this company has developed rapidly, both in its turnover and profitability and also in its development of its product portfolio; this is considered by the vendors to be a sector that shows no signs of slowing down. Because of increasing demands on the vendors’ family life, they believe it appropriate at this time to hand the business over to a new owner with the time and enthusiasm for continued growth and development of the whole offering.
||Office: Monday – Friday; 09:00 – 17:00
Retail shop: Monday – Saturday; 10:00 – 17:00
||The vendors are more than ably supported by three key full-time staff, 1x despatch manager including picking & packing and 2x administrators responsible for day to day management and customer service enquiries.
||The rent is circa £30,000 per annum.