Business Summary
Asking Price: $215,000
Gross Income: $331,510
Cash Flow: $107,347
EBITDA: N/A
FF&E: $5,000
Inventory: $50,000*
Real Estate: N/A
Established: 2001
Employees: 2
Business Description:-
This Beverly Hills area skincare manufacturer and distributor company has developed a unique, clinically proven, proprietary formula used for their full line of high end, anti-aging skincare products. Established for over 12 years, the company manufactures approximately ten different products that include facial cleansers, anti-aging serums, moisturizers, eye creams, facial toners and masks. The company outsources production to a local skincare laboratory. Distribution channels are in place for sales to doctors, estheticians, day spas, as well as direct to consumers through a fully functional website and online shopping cart.
Detailed Information:-
Inventory: Not included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: The business operates from a 400 square foot office in Beverly Hills with a monthly rent of $1,100 on a one year lease, and it leases additional storage space for $299 per month. The business is not location specific and may be moved to another location or a home office. The sale includes all tangible and intangible assets of the company such as its name, logos, website, formulas and trademarks. Inventory valued at approximately $80,000 will be sold in addition to the purchase price at cost at close.
Competition: While other skincare lines exist, this product has had stellar reviews in a sought after and ever popular product category. This company has positive reviews from reputable doctors and celebrities, which certainly makes it stand out among the competition.
Growth & Expansion: There are many ways in which this company could grow. As the current owner has been approaching retirement, they have not invested significantly in the company’s growth, but rather, focused on building solid production and distribution channels for another to capitalize on. New owners will seek to exploit the distribution channels, engage in search engine optimization marketing campaigns, and consider engaging nationwide sales representatives.
Support & Training: 2 Weeks at 20 hrs/wk
Reason for Selling: Retiring
Property Details