Annual Revenue: $712,953
Net Cash Flow: $227,287
Industry: Technology, Ecommerce
Location: Monmouth County, New Jersey
This relocatable company is a Korean Beauty B2C business. Excellent profit margins and the opportunity to run this business by one or 2 people remotely makes it a lucrative opportunity. They focus on selling Korean Beauty products, a growing and successful trend, in the United States. Korean Beauty (K-Beauty) is now a $400 million market in the United States and has become a must-have product for all ages from teenagers to the 65+ market.
No experience is needed, and the owner will train a new buyer. The company got into this market in 2014 and since then, it has grown exponentially. Its primary marketing focus has been its website and two subscription services: Subscriptions can easily increase with spending minimal marketing dollars. Very niche, very easy to operate. As one of the leaders in this field, they have a large subscription business compared to competitors.
Furniture, Fixtures, & Equipment (FF&E):Included in asking price
Facilities:Sellers own the building which may be purchased or leased. They are flexible with 1,000 sq building with ample storage.
Competition:Very trendy and upcoming with little competition in this arena. Unprecedented growth potential with minimal investment in a marketing plan.
Growth & Expansion:The new owner can spend more time/money in marketing and PR to grow the website and subscription services. This can be done very inexpensively and with immediate ROI. There are also many other inexpensive marketing approaches that can easily provide 25% yearly growth. There existing marketing approach also gains customers thru social media. They also work with a lot of influencers on YouTube and Instagram and they attract their followers to shop on their website.
Support & Training:Owners will ensure a smooth transition