Network For Bridal Makeup Artists & Hairstylists in Cambridgeshire

Huntingdon, Cambridgeshire
REF: S08211

Asking Price:
£22,000
Annual Turnover:
£35,127
Annual Net Profit:
£21,537
REF: S08211
Photo of Network For Bridal Makeup Artists & Hairstylists in Cambridgeshire

Overview

Tenure:
Relocatable
Established:
2013
  • Excellent Reputation
  • Huge Growth Potential

This is a unique opportunity to acquire a company, which provides a network for bridal makeup artists and hair stylists within the Cambridgeshire area. Originally, the company opened in 2013 and has grown steadily ever since, whilst also gaining an excellent reputation in the local area.

Recently, the business has also branched out and launched a second part of the company, with a new website and additional social media channels to go along with it. This new branch is a specialist bridal hair agency. Due to this venture, there is huge scope for organic growth with this business.

The business aims to prevent brides from needing to hunt around for recommendations or wait for responses from busy artists. Instead, they bring the best artists Cambridge has to offer directly to their clients, with the professional conveniency that is expected of a premium agency.

The company focuses on their specialist niche, which is providing bridal services in their stylish salon. Thanks to this niche, the business has built up an excellent name for themselves within the wedding industry. They cover 80 to 100 weddings each year and are on the supplier list for 7 luxury wedding venues. The business receives dozens of new enquiries on a weekly basis, which should ensure plenty of trade for the new owner.

The company’s brilliant reputation is further enforced by the hundreds of 5-star reviews, which the business has amassed online, including on the highly regarded hitched.co.uk. The business employs 2 ‘virtual’ assistants, who build up connections with a team of freelancers. The company then takes 30% of each freelancer’s earnings.

There is an option to rent a unit space which the business currently runs from, or transfer to a venue of your choice.

The business is nestled in a small business estate in Godmanchester. The salon offers a stunning high-end sanctuary, providing up-to-date luxurious air-conditioned comfort. The salon is tucked away from the rush of busy life and is only minutes away from the A14 and A1 motorway, offering an incredibly convenient location for clients to reach with free parking. The stylish premises are spread over 2 floors and there is a rental agreement in place. On the first floor, beauty and aesthetic services are offered, whilst the second floor has 4 beautifully maintained hair and makeup stations, with a storage cupboard to the rear. The premises also has a downstairs cloakroom and toilet facilities.

Basic equipment will be included in the business sale, such as mirrors, lighting, chairs, and desks. As stylists and makeup artists work on a freelance basis, they provide their own equipment. The business name is trademarked, to ensure buyers' protection.

The owner is happy to provide a handover.

This would be the ideal opportunity for someone who enjoys spending time around people and has an interest in the beauty industry. Experience as a stylist or makeup practitioner would not be necessary, as the owner will be able to take on more of a management role.

There is huge scope for organic growth with this business, as a new brand has recently been introduced, which would focus on providing a network for wedding hair services in Cambridgeshire.

The company already has two brilliant, easy-to-use websites (one which concentrates on bridal makeup and the other on bridal hair) and a popular following across social media, with fantastic engagement on both Instagram and Facebook. These platforms act as an excellent sales window. It would be beneficial for the new owner to continue utilising and optimising these online channels.

Features

Online Presence

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  • Limited Competition

Financial & More

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