A $200 beauty supply store could be in the works.
According to Business Insider, an online shop called Beauty Supply is currently up for sale.
The site describes itself as “The #1 Beauty Supply Store in the US.”
It is currently in the process of acquiring a property on the West Coast and intends to open in 2018.
A spokesperson for Beauty Supply did not immediately respond to BusinessInsider’s request for comment.
“The beauty supply industry is booming,” said Steve Bensky, the CEO of the California-based company.
“We believe we have a unique position to capitalize on that growth and take advantage of the new technology that’s coming into the beauty supply business.”
The beauty store is set to open a location in Beverly Hills.
Its website states that the store will “provide a dedicated customer service platform for our customers, allowing them to easily communicate with a trained team of professional stylists, manicurists, hair stylists and beauty technicians.”
The company also claims to offer “premium beauty products, high-end haircuts, skincare, nail treatments, skin care and more.”
According to a Business Insider article, Beauty Supply has a number of beauty brands and brands affiliated with the beauty industry.
According to the website, Beauty Products & Co. is “one of the largest wholesale companies in the beauty world, serving approximately 1.3 million customers worldwide.”
Bensky added that the company currently has a staff of 50 people, including 15 to 20 sales staff.
He added that they are working to expand to a larger store in New York.
“Our goal is to build a business in this market with multiple stores in the coming years,” he said.
“In order to do that, we have to go beyond the scope of what we currently do.
We’re going to build this into a major brand that will compete with other beauty companies in this space.”