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Trademarked Premium Skincare Product Ecommerce Business

Access to the best laboratories in South Korea

 

•Detail information about the listing

Additional Details

  • Asking Price:$964,000
  • Cash Flow:$302,198
  • Established:2020
  • Business Description:Exclusive Formulas! This Company’s goal is to offer premium skincare products at an affordable price to make it accessible to every woman around the globe. This has been made possible by cutting out the middleman and establishing a partnership with laboratories that formulate products for the most premium brands in the world utilizing unparalleled technologies. The brand’s inspiration was to merge the best of eastern and western culture and use it to create exceptional skincare solutions that are in harmony with nature. Their products are never tested on animals making their products cruelty free. Its trademarked brand products are sold predominantly through their ecommerce site but in the past year have included selling their products on Amazon UK to expand their offerings. 100% of products are stocked at a 3rd party fulfillment center, with a current inventory level value of ~85,210 GBP. The business is operated by three owners each contributing a combined total of 40 hours per week. There is also one employee who started in Feb 2022 who works about 10 hrs/wk managing affiliates, social media accounts and influencers. The company has been growing since inception…..sales are up 20% and profits up 22% in the current TTM period through May’22 over the prior Fiscal Year period FYE Mar’22. Sales and profits for Apr – May’22 are up triple digits %’s over the same months in 2021 (GBP). Key Benefits: •
  • Support & Training:Unique formulation - Impossible to 100% duplicate •
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  • Reason For Leaving:Exclusivity agreements with suppliers •
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