Business Summary
Turnover circa £180,000
Net profit circa £50,000
Several years of successful operations
High profitability
Excellent opportunity for growth
Opportunities to franchise
Trusted and respected name
Worldwide reputation
Highly successful alumni
Prestigious location
Training and handover
Significant goodwill
Business profile:
An internationally renowned school of make-up has come up for sale, creating an exciting opportunity for a buyer to enter this vibrant exciting industry. Established in 1990 by one of the leading figures in the make-up world, the school has gone on to train many of the top make-up artists working in the industry today.
Based in the capital and specialising in fashion make-up, the school runs a number of courses annually, between four and twelve weeks in length. The courses provide comprehensive training in all aspects of fashion make-up and provide the basis for a successful career in the industry. Small student/tutor ratios are guaranteed to ensure the highest standard of training.
At the end of the course students are presented with a diploma and full make-up kit. In addition to this, the school arranges three photo shoots with professional models and photographers, the results of which form the initial stage of the student’s portfolio. In this way, all students are given a head start in this highly competitive industry.
This profitable business has proved highly successful over the years and is now firmly established as a respected name in make-up world both in the U.K. and abroad. Numerous opportunities for expansion make this a highly appealing business opportunity and will be sure to attract a large amount of interest.
Customer Service:
The school is widely recognised as providing some of the best training available in the industry. A maximum of sixteen students are enrolled on each course to ensure the highest teaching standards. All tutors have already achieved significant success in their own careers. One of the major selling points of the school is the service students can expect to receive once they complete their studies. Not only are photo shoots arranged to provide the basis for a portfolio but the school provides a contact list of photographers and agencies to assist with finding work. Students are encouraged to keep in contact and are informed of appropriate job opportunities long after they complete their training.
Key Strengths:
The reputation of the school is by far the main selling point of this business. In such a highly competitive industry, contacts are everything. The school maintains excellent relations with a large number of photographers and agencies, a major consideration for potential students. In addition to this, the school’s alumni have gone on to achieve remarkable success and continue to be an excellent source of both teaching staff and work opportunities for current students.
Property Details
Other Business Details
Premise Details:
The company currently occupies glass-fronted premises in London, which houses the make-up school. A basement below provides storage for stock. The first and second floor both house two offices. The premises are occupied on a ten-year lease expiring in 2015 when it will be available for renewal.
Competition:
Many applications to the school are made on the basis of a widely recognised name and excellent reputation. This is something that was rapidly established and has continued to grow throughout the years as more and more past students go on to achieve success. In addition to this, advertising has been placed in both Vogue and Glamour. Google pay-per-click advertising has also been utilised. Very little investment in advertising and marketing will be required to maintain the current level of interest in the school. However, if the new owner chooses to investigate the possibilities offered by branching into the international market then a targeted advertising campaign will no doubt prove fruitful
Expansion Potential:
The make-up industry is extremely healthy and continues to grow year on year. As one of the leading make-up schools, with a large amount of applications year on year, there are a number of opportunities for growth and expansion. The business is extremely flexible as all teaching staff are employed on a freelance basis. This arrangement will allow for the possibility of scheduling further course dates as demand continues to grow.
Business Operation Details
Trading Hours:
Monday – Friday 10.00 – 17.00
Support & Training:
The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new owners. The owner has also stated that she will be available for ongoing consultancy if required.
Miscellaneous Details
Reason For Selling:
The current owner has worked within the make-up industry her whole life and has achieved an outstanding level of success. The make-up school has proved highly profitable and is noted worldwide for the standard of its alumni but the time has come for the owner to retire and move abroad. This is a genuine retirement sale and offers an excellent opportunity for the right individual.
Australia
Canada
India
Singapore
South Africa
Thailand
UAE
UK
USA
Worldwide
