Sell a cosmetics Manufacturing Business
Are you considering selling your cosmetics manufacturing business? If so you probably want to talk with an M&A Business Broker that has experience selling cosmetics manufacturing companies. They will be better equipped to answer your questions such as: How much should I sell my cosmetics manufacturing & distribution business for? And what is the process of selling a cosmetics company?
Synergy Business Brokers has over 15 years experience selling manufacturing & distribution companies including cosmetics companies. We have potential Buyers for a Variety of Cosmetics Companies including manufacturers & distributors of the following types of cosmetics:
- Body Lotions
- Eye Shadow
- Hair Styling
- and more
Whether your company has a brand name or you do white label contract manufacturing, we would have potential buyers for your cosmetics company as long as your annual net income (including your salary and benefits) is between $200,000 to $5 Million. For cosmetics companies with net earnings in this range, we offer a confidential consultation with no fee until your cosmetics company is sold. We can also sell your cosmetics distribution company.
Confidential Sales of Cosmetics Company
All of our clients are concerned about the confidentiality of the sale of their business. So our standard process is one of protecting privacy. We don't advertise and market the name of your business or exact location. We'll develop a profile about your business which includes general information. Before providing the details, we require that potential buyers sign a confidentiality agreement and provide information on their qualifications.
In addition to our current buyers of cosmetics companies, we'll market your confidential profile aggressively on the internet, social media, direct contacts, and through our network of 25,000 potential buyers. The potential buyers include other cosmetics and consumer products companies as well as private equity groups, wealthy entrepreneurs and companies that want to get into the cosmetics industry.
We typically have to speak with a large number of potential buyers before we have one that is interested enough and qualified to introduce to you. We do the screening and weeding out tire kickers. It usually takes about 1 to 8 weeks to make the first introduction, and it can be 1 to 6 buyers that we introduce to sell the business. To sell the business, from start to finish, on average its 6 to 10 months but can be shorter or longer. For more on the timeframe, you can read: How to Sell a Business Quickly.
The Value of a Cosmetics Business
During our confidential consultation, we'll find out more about your business so that we can position it to effectively market it and also to give you a possible asking price. We'll ask questions such as:
- Do you manufacture your cosmetic products or do you produce for other cosmetic brands?
- Do you sell only your own cosmetic products or do you distribute other manufacturers products?
- Who are your suppliers?
- Who are your customers?
- Can you tell me what your role in the company is?
- What departments in the company do you have and what are the skill sets of the employees?
- How could a new owner come in and grow your cosmetics company?
- Do you have a popular cosmetics brand or is your company a behind the scenes cosmetics manufacturer?
The cosmetics industry has seen consistent growth so fortunately there are plenty of potential buyers for profitable cosmetics companies. To give you an inherent value, we'll need the last three years of your tax returns and recent profit and loss statements. We'll also want to identify what your owner's salary, perks, and benefits are so that we can provide an accurate representation of the owner's total compensation. Every cosmetics company is unique, but we'll need to compare what other similar companies have sold for to price the business within the proper range. Of course, you will also need to be OK with the number for us to get started on marketing it.
Contact M&A Business Brokers with experience selling cosmetics companies
Synergy Business Brokers has experienced M&A Brokers in NY, CT, MA, and NJ and we sell cosmetics companies throughout the US. To get started, you can call 888-750-5950, email [email protected] or fill out our form online. We look forward to hearing from you. We sell cosmetics companies with annual revenues of $700,000 to $40 million.