Studio58 Hair Extensions

Studio 58 Hair Extensions began around 12 years ago as a hair extension training company, offering accredited hair extension courses at various locations across the UK.

Studio 58 is now a recognised brand with an outstanding online reputation as evidenced by our 'excellent' Trust Pilot independent reviews rating.

Students from the courses would always ask where they should source hair from once they had completed our course, and so the decision was made to expand the business to include the supply of hair along with the training courses.

The training course side of the business evolved as well, when we took the courses online and have been offering our worldwide accredited online courses now for 7 years.

The decision to sell Studio 58 is to focus on a new business that we started in April of 2019, which has grown quickly, so we would like to devote all our energies into building the new business.

The current owners are responsible for ordering from suppliers, day to day customer service tasks such as online chat questions, answering customer emails etc, blog writing to help seo.

We have one member of staff who picks, packs and dispatches customer orders although a fulfillment centre could complete the same tasks if the new owners preferred.

Marketing such as SEO, Facebook Ads, Google Ads/Shopping, Re-Targetting is primarily taken care of by an external self employed contractor. However, the prospective new owners may already have these areas of expertise and may wish to fulfil these tasks themselves

Growth potential for the new owner is extensive. Studio 58 has only had in place full time marketing help for ads and SEO since April 2019.

Current ad spend is currently quite low at only around £3881 GBP ($5068 USD) and work on organic SEO has only recently started.

Our growth has primarily focused on the UK market, and although we do have customers worldwide this is certainly an area that new owners could expand into significantly.

The hair extension industry continues to grow & it is estimated that it will reach revenues of $10 billion by 2023.

Although a niche market, any prospective owners do not need any prior experience of this sector as staff expertise is already in place to continue operating the business without any 'hands on knowledge' required from the new owners unless they wish to. Similarly, the dispatch of all products offered can be easily learnt by anyone without any prior knowledge of the industry. The existing owners are happy to offer transitional support.