Seller's Contact Information

  • RE:  Highly Profitable Retail Fragrance Company
  • Contact:  Katie Holditch

Quick Facts

Asking Price: $350,000
Annual Revenue: $700,000
Net Profit: Not Disclosed
Cash Flow: $158,368
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: Not Disclosed
BBN Listing #: 704644107
Broker Reference #: 76931-287668

Email or Print Listing

Business Overview:

Highly Profitable Retail Fragrance Company, High Sales in 23

UPDATE: The Seller is working as the licensor but is now also the owner of THREE retail kiosks. Total business revenue should top $700,000 in 2023 and top $1 million next year.

Looking for a unique, profitable and absentee business with incredible growth opportunity? Then this high-end mall kiosk concept “5th Scent” is a perfect fit. While not an official franchisor, the owner sells licenses to this growing brand of men’s cologne sales kiosks. Any buyer could build and grow the Amazon and Etsy storefronts for nearly unlimited potential. The modern, sleek and stylish brand name “5th Scent” kiosks are sold by the owner, and as part of the business sale, the seller will work to connect his manufacturers with the new owner. Sale includes 5 active kiosk licensees. Revenue streams include monthly licenses fee plus an additional percentage of inventory purchased. In addition to collecting monthly licensing fees, the owner also provides all the wholesale products that are sold. Any buyer would only need warehouse space for the products and no real office space. The profit and revenue streams are three-fold, and the concept is poised for easy and swift growth. Included in the asking price is at least $75,000 in wholesale inventory, the trademark and other proprietary branding, so any new owner will be set up for success and growth.

There’s no need for traditional office space as any new owner would only need climate-controlled warehouse space for storing a wholesale product. While the current owner is not operating any of the locations himself, any buyer could expand the business in a way that would allow them to own several of their own kiosks as well. The total 2022 revenue was $400,705 with an SDE of $158,368. The revenue includes selling the kiosks and wholesale product to licensees and the burgeoning online sales. With minimal planning and advertising, growth on sites like Amazon and Etsy could be scaled quickly and very successfully. In 2019, revenues were upwards of $370,000, and when the seller was operating some kiosks as a retailer, sales and SDE were easily double those of 2021.

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Property Features and Assets:

Facilities:Buyer only needs climate controlled storage space. Monthly Rent: $550.00

Market Competition and Expansion:

As stated, there is ample potential growth on the side of being a licensor and/or opening your own additional locations of the kiosks and being a retailer as well. The seller developed the brand, put together a beautiful new website and is only selling because he has other businesses that need his full attention. There is a marketing video and professional branding and photography that comes with the business in addition to the trademarks associated with the brand. The kiosks thrive for their individual owners in high-end malls, and there is room to expand across the state and nationally. The obvious and biggest area for growth is in online sales. Recently, the owner began marketing on Etsy and Amazon, but with attention and planning, the online sales portion of the business will boom. Social media marketing, Google Ads and paying for marketing and advertising on sites like Etsy.

Reason for Selling:

Other business interests.

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

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