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Niche Distributor Of Beauty Supplies & Equipment
Location Pennsylvania,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2398500
Net Profit / Cash Flow $325724
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1948
Number of Employees 10 - 19
Inventory 449347
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Training The owners of this family owned business are committed to the ongoing success of the business. They will work with the new owner to ensure a smooth and successful transition.
Reason for Sale Owners wish to retire.
Description Founded in 1948 and purchased by the current owners in 1969, this company has maintained an excellent reputation as a regional distributor of beauty supplies and equipment. They offer a full line of beauty and barber supplies, equipment, and education and new salon planning for beauty salons and barber shops. In addition, they offer many items for beauty supply stores. Providing excellent service to more than 3000 customers, manufacturers count on them to support and promote their lines, including the latest hair products, the hottest nail colors, as well as all the basic necessities for daily operation.
In recent years, the company has differentiated itself by capitalizing on the growing demand for ethnic products. The ethnic markets targeted include African American, Hispanic, and Asian markets. By ensuring that the people in their sales organization are knowledgeable about the products and the special requirements of these underserved ethnic groups, our client has developed relationships with the ethnic markets that have led to increased revenues and profits. The company has expanded its furniture and equipment business by offering design solutions with affordable third-party financing arrangements to the markets their serve.
In keeping with a focus on growth, this company continues to concentrate their sales efforts on several of the fastest growing specialty lines in the industry. Because of their reputation, manufacturers know that they will be more aggressive than some of the larger distributors in promoting their products, and therefore, have given them exclusive (or partial exclusive) territories for the distribution of niche products. There are many opportunities to grow this business, including internet presence, direct mail, catalogue development, and geographical expansion. Contact for more information on this Salon Supplies And Equipment Distribution business for sale.
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