$1,600,000.00
Asking Price
Status: Active
Posting ID: 285435
2/29/24
Description
This is an established e-commerce business with light assembly operations that is profitable and has enormous upside due to the positioning of its products in the growing segment of the beauty industry. The Company sells raw materials for cosmetic products such as lipstick, nail polish, facial skin enhancements, etc. The Company sells 100% online to both B2B (Indie makeup resellers), B2C (DIYers) and other customers. It is a well-run company with clean financial statements, name recognition, quality products, and an established online presence.
Sale price includes inventory of $450,000 and equipment of $156,000.
Turn-key operation: start on day one with a well-organized, systemized operation, all the inventory and equipment needed, name recognition, global supply sources and loyal customer base. You do not need to know how to do makeup. The business needs a dynamic entrepreneur to oversee and take the company to the next level and beyond.
Real Estate:Leased
Building SF:10,000
Employees: 9 FTE
Furniture, Fixtures, & Equipment (FF&E):Included in asking price
Facilities: This business operates out of two spaces totaling 10,000 sq. ft. for administration, assembly, warehousing, and shipping
Competition: There are other competitors, but there is much to gain as the seller’s company stands out with its reputation over the years. It has anchored business relationships with its B2B customers and differentiates itself with its consistent and quality products.
Growth & Expansion: E-commerce is big for beauty. The market is expected to reach approximately $580 billion by 2027, growing by a projected 6 percent yearly. A new owner can take this to another level by stepping up marketing and cross-selling to different industries
Financing: Seller may provide some financing to a well-qualified buyer.
Support & Training: Seller has the business operations systemized and will provide training and introductions to suppliers, as required, to ensure a smooth, successful transition of operations to a new owner.
Reason for Selling: Retirement
To get more information about this Cosmetics Ingredient Supplier - E Commerce business for sale in East Bay Area please phone Sam Lee (Broker - BRE License #:01371273) at 510-523-0232 and 415-565-0232 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285435 on BizBen.com. In addition to phoning Sam Lee, make sure you email Sam Lee above to get more info about this Cosmetics Ingredient Supplier - E Commerce, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01731143. Sunbelt San Francisco/Oakland.
Contact
Details
Asking Price: $1,600,000.00
Down: Call/Email
Cash Flow: $506,000.00
Revenue: $4,030,000.00
Area: East Bay Area
City: None Given
Attributes:
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