Tuesday 1st May 2012 |
Innovative Beauty Retail Concept - Funding opportunity - Ref 584 |
Seeking Funding of up to £500k
Brief Description
A truly innovative and exciting Retail concept selling beauty products Instore, On-line and from strategically located Touch Pad Vending Machines. The first Instore boutique is to be launched in August in a top London department store. The beauty retail market is very fragmented with numerous brands offering thousands of products from mass (Max Factor) to luxury (Chanel) and customers rely heavily on advice from beauty magazine editors. This is the first beauty boutique to offer personal advice and an expertly chosen selection of best multi-price point, multi-brand beauty products in a showcase environment. Just like a magazine come to life!
Key Features:
Founders are high profile industry experts
London Based
Best selling & iconic beauty products selected from all brands, mass to premium
Fashionable & chic beauty shopping environment
Retailing Instore, On-line and from Vending Machines
Instores have an on-line shopping style
Merchandised by Category and not by Brand
Pre-revenue with forecast sales of £3M+ for FY 2013/14 rising to £6M+ in 2015
Founders’ investment in addition to IP is £100K
Attractive ROI on anticipated exit in 2015
Summary
The business is innovative and provides a powerful combination of branded Beauty products with magazine style advice and recommendations. This is an opportunity to grow a leading business in the fragmented Beauty Product market. The founders, vastly experienced in this sector have committed funds of £100k+ in addition to intellectual property and ideally are seeking like minded individuals with a passion for and connections in the beauty sector. email june@hoareworth.com |
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