Asking price: Undisclosed

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Key Points:
Re-locatable
Established Brand and Market leader
Steady and continued growth in market place
11,500 sq ft premises available leasehold or freehold
Flexible Director handover available subject to terms
2009 projected turnover £3.8M with net profit circa £1.6M

Business Activities:
The business was formed seven years ago and now has a significant share of the hair extensions market in the UK and overseas. There are two main product ranges. One is sold on a wholesale basis and the other supplied directly to salons following training given at the company?s premises.

The top ten customers account for approximately 17% of the turnover and there are approximately 1,000 customers in total. Export constitute approximately 20% of the annual turnover, and the top five clients are all European based.

The company hold approximately 5,000 stock lines, almost all of which are imported with lead times up to four months. There are five principal overseas suppliers two of which constitute almost 70% of the purchases. The business also benefits from holding certain registered trademarks.

The sale and promotion of the business is carried out by the Vendors and one other sales person. The business shows at a number of exhibitions to promote the brand and product range. There are seven other staff involved in running the business.

The company operates from 11,500 square feet of office and warehouse. The premises are owned by the vendors and leased to the company. A new lease will be negotiated with an acquirer or a price agreed for the freehold. Alternatively the business could be re-located if required.

The vendors wish to dispose of the company as they feel they have developed it to the limit of their abilities. However they consider the prospects for expansion and further exploitation of the brand excellent and therefore are willing to remain for a period to be agreed to assist with the integration and transfer to an acquirer.

Sale Basis:
To receive further information on this business please click "Contact Seller" at the bottom of this page. We will then automatically send you our Non-Disclosure Agreement (NDA). You will need to print and complete this form and return it to the address on the form. We request this document to protect the confidentiality of our clients.

We unfortunately will not be able to contact you with any further information until we receive this Non-Disclosure Agreement through the post.

Could you also please ensure you add the seller reference number of the business to the NDA so we can identify your business of interest. The reference number can be found at the top left of the business advert and is normally four to five numbers.

We look forward to receiving your Non-Disclosure Agreements.

Relocatable: This business can be relocated.

Property: Freehold