Business
Please 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:
Read More
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
Masterclasses:
- 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
In the past 2 years, the company has received accolades at the Hair & Beauty Awards:
- Education Excellence Winner 2023
- Education Excellence Finalist 2024
Based in Nuneaton, The Hair Extension Group salon is fully equipped for cutting, styling and fitting hair, and includes ample training space and parking. Four staff members operate from an office in Cheshire, focusing on sales and client acquisition, resulting in many local salons and clients being brough on board in the past year.
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
Opportunities for growth within The Hair Extension Group are robust, rooted in strong foundational elements that provide a solid platform for expansion. These foundations are instrumental in driving the company’s forward momentum, ensuring that it is well-equipped to seize new growth avenues.
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
