Luxury Skincare Brand with Over $2,000,000 in Bill

Not Disclosed, NY
Kings County


Asking Price: Annual Revenue:
$2,200,000 $3,000,000

Services: Hair, Nails, Spas, Tanning


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RE: Luxury Skincare Brand with Over $2,000,000 in Bill Broker: Tom Gesimondo

Quick Facts

Asking Price: $2,200,000
Annual Revenue: $3,000,000
Net Profit: Not Disclosed
Cash Flow: $740,000
Total Debt: Not Disclosed
FF&E: $88,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 17
BBN Listing #: 703949826
Broker Reference #: 83341-995721

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Business Overview:

Be Part of the over 11 Billion Dollar Skincare Industry

• Strong personal brand

• 83% Gross Profit Margins

• 29% Net Profit Margins

• Online sales up over 95% year to year

• Natural and Paraben/Phthalate free formulas

While the skincare market in general has been rising, the “all-natural” subset of that market has been exploding. This innovative, cruelty free and Leaping Bunny Certified Skincare company is a leader in that space, with over $800,000 in profit on $2,789,165 of revenue. Sales, strong margins, a strong brand and exciting growth potential are all available with this listing. Packaged with strong management and systems, this is an exciting opportunity for an aggressive operator or savvy investor.

This highly profitable business has two revenue streams that are both rising. There are two retail locations, along with a growing online presence. The retail model can be duplicated, creating additional revenue or be used as a potential Franchise play. Internet sales currently only represent about 10% of total revenue, but this year those sales are pacing at nearly two times last years levels with no end in sight.

Opportunities: This business is at the beginning of its online growth. There is the potential to wholesale and/or Franchise. While they already have a strong social media presence of over 10,000 instagram followers, there is opportunity to further advance the awareness and profits of the business by leveraging the growing social media platforms.

The current operators have grown this business smartly over the last five years and are ready to see the next owner take it to a new level.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

relocating

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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