Annual Revenue: $539,040
Net Cash Flow: $125,003
Location: Indianapolis Area, Indiana
Unique opportunity to obtain a private label contract manufacturer focusing on CBD skincare and color cosmetics. Originated in 2016 and launched in 2018, this business has created over 80 formulas, 70 color profiles, and has manufactured products sold in over 5 national department store chains. The company specifically focuses on new and emerging brands (like those created by social media influencers) to grow and scale their businesses. This business has over $235,000 of tangible assets and an estimated $250,000 in intellectual property/formulations. The business is located in the Mid West.
The company has a nimble business model, which allows it to offer personalized customer experience and obtain high client satisfaction while providing turnkey solutions.
The current owner is an MIT graduate who enjoys the overall setup and development of the formulations. She acts as the general manager working 40-50 hours a week, providing oversight and management to production, laboratory operations, performing internal audits, and sales oversight.
FFE: $235,000 (Included in Price)
Reason For Sale:
The owner is an MIT graduate and enjoys problem solving, other interests.
Monthly Rent: 1300
Square Footage: 1400 each building. Currently leases two buildings.
- Fragmented industry, this business has repeat customers and has investments in its own formulas.
- Enhanced marketing programs, the platform has been development a new owner would be able to expand by attending trade shows and more robust marketing.
- 2020 Financials were annualized based on Oct YTD and average over the last two years.