Luxury Skincare Brand With Over $2,000,000 In Bill
Not Disclosed, NY Kings County
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- RE: Luxury Skincare Brand With Over $2,000,000 In Bill
- Contact: 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 |
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.
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Reason for Selling:
relocating
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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