NOT DISCLOSED, New Jersey
| Asking Price |
$2,500,000 |
Year Established |
2000 |
|
| Annual Revenue |
$1,741,989 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
George Kanakis |
|
| Annual Cash Flow |
$99,836 |
Listing Number |
1008153 |
|
| # of Employees |
3 |
Business Category |
Wholesale/Distribution: Durable Goods |
|
Business Overview:
This offering is for a well-established wholesaler and e-commerce store serving the fragrance and cosmetics industry. Over the decades, it has grown into a trusted supplier of high-quality perfume and beauty products, catering to wholesalers, retailers, online merchants, and individuals. The business has maintained strong industry relationships and adapted to market changes, ensuring
continued success in a competitive landscape.
The business offers an extensive selection of fine fragrances, cosmetics, and stylish cosmetic bags. It operates out of a 6,000 square foot warehouse, office space, and showroom. With a well-positioned warehouse and showroom, complemented by its e-commerce store, it offers both bulk distribution and direct sales, providing customers with convenient access to premium products. This multi-channel approach also ensures steady revenue streams across various markets.
Property Features and Assets:
<p>6,000 sq ft warehouse and office space. The lease is $7,378/month including taxes. The new owner will have to negotiate a new lease.</p><p>List of assets provided in the Confidential Business Review</p>
Market Competition and Expansion:
<p><br></p><p>For prospective buyers, this business presents an excellent opportunity to enter or expand within the lucrative fragrance and cosmetics industry. With established infrastructure, a sizable warehouse, and room for growth, new ownership can take advantage of multiple expansion possibilities.<br><br>Opportunities include:<br>1. Opening a dedicated retail storefront,<br>2. Expanding e-commerce platform,<br>3. Create additional websites,<br>4. Investing in a digital marketing strategy, and<br>5. Broadening distribution to new markets.</p><p>By leveraging strong industry connections and implementing modern marketing techniques, a new owner can maximize the potential of this well-positioned business.</p>
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