£0 £1000000
£0 £1000000

Well established hair extensions and wigs supplier

Liverpool, Merseyside

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For Sale

£89,950 +SAV

Ref: B05968

Leasehold

Overview

Please quote reference B05968

Hilton Smythe are delighted to present to the market the Hair Club L1, a very successful and extremely well presented hair extensions and wig supplier business opportunity with over 10 years trading history.

The un-rivalled business is now being offered for sale due to our client’s need to concentrate on his other business interests which means he can’t commit to the time this successful business needs.

Hair Club is at the forefront of the extension market and beauty supplies. Supplying the very best in hair extension brands, pony pieces, human hair wigs, hair care products & synthetic hair.

The business website details the full range of products through the ‘Myextensions.co.uk’ site which includes the following –

  • Remy Hair – Remy khroma clip & weft, Remy luxe weft, Remy couture, style icon & hair couture triple weft 150g.
  • Indian/Euro hair – Indian luxe weft, Indian Luxe clip in.
  • Wigs – lace fronted human hair, lace fronted synthetic hair, human hair wigs & synthetic wigs.
The store itself is very well stocked with an excellent range to walk in and purchase on the day.

In addition to the large range of wigs/hair pieces are a large range of hair products, hair dyes, hair relaxing products, waxes & gels, hairsprays, hair glues, specialist shampoos/conditioners & hair protective treatments.

We are advised approx. 70% of the sales come from customers visiting the shop who travel from a 20 miles radius and the remaining through online orders.

Advertising platforms include -

  • Own website
  • Yell.com
  • 192.com
5 star Google reviews

Our client admits they currently only carry out limited advertising, any new owner would benefit from both increasing the social media side of the business as well as paying for a new Google Ad campaign to boost new customer enquiries.

Key selling points –

  • Stock is Negotiable with the Seller.
  • High gross profit margin of 52.5%
  • Excellent reputation for choice & service
  • Excellent supplier cost with its own supplier
  • Further opportunity to grow
  • Savings in current staffing costs
  • Covid friendly business model – ability to increase online ordering and click & collect if required
  • Modern and vibrant shop front
  • Very well organised shop area

Turnover
Available upon request.

Please quote reference B05968

We are advised that the business is run and managed by our client on a part time basis with the help of a further 2 x full time members of the team.

The business is currently trading Monday – Saturday 10.30am to 6.00pm.

The Hair Club L1 (Cheveux) occupies a prominent trading position along Williamson Street in Liverpool.

The modern unit is located within the heart of Liverpool’s City centre and is surrounded by many complementary retailers, cafes & bars. It’s also just a 1 min walk down from Williamson square which includes further High Street stores such as Matalan, New look.

Liverpool is a thriving City located within the Northwest, known for its strong maritime heritage and located where the River Mersey meets the Irish Sea.

Liverpool has a vibrant music culture, been home to the Beatles as well offering visitors ferry cruises along the waterfront to marvel at iconic buildings such as the Royal Liver building, the Cunard building and the port of Liverpool building.

The City centre has undergone significant investment with 1000s of new residential projects, the Liverpool ONE shopping/leisure complex and new boutique hotels.

The 2 x nearest mainline stations are Liverpool Lime Street or Liverpool Central.

There is metered parking in the adjacent streets as well 2 x large multi storey car parks within 2 mins walk from the business.

Fixtures and Fittings Included in Sale/ Ground floor shop area -

  • All gondola bays on shop floor plus extra in stock room
  • 2 Service counters
  • 1 till and service counter
  • 1 card processing machine
  • 1 Hifi/radio system
  • 1 CCTV system
  • ADT Redcare Alarm
  • 1 Printer
Stock Room

  • 1 large safe
  • 2 fridges
  • 1 microwave
  • Storage shelving system in stock room and hallways

Tenure
We are advised there will be a new 10 year lease offered by the Landlord with an annual rent of £23,000. The business currently is receiving full small business relief in the current year.

Landlord is flexible and willing to do a rent free peiord.

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