Annual Revenue: $803,121
Net Cash Flow: $240,505
Industry: Technology, Ecommerce
Location: Monmouth County, NJ
This company is a Korean Beauty B2C business. They focus on selling Korean Beauty, a growing and successful beauty 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.
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:
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