Singapore  Singapore

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Listing Id: 30422 Last Refreshed: 15/12/2023 Total Views: 1031

(Expired)Successful 3.5 Year Old E-Commerce Oil Perfume Business For Sale

Ang Mo KioCosmetics StoresOnline Shops
Asking Price: $129,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Work at Home
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue $27,500
  • Liability N/A
  • Gross Profit N/A
  • Net Profit $5,800
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 0
  • Established 2020
  • Source Direct Seller

Reason For Sale

We're raising funds for our main business to invest in, in order to achieve further growth we decided to sell this business.

Description

Growing, Healthy & Untapped Growth Opportunities are the right words for this Business.

Established in May 2020, This E-Commerce Business shows an interesting investment opportunity as a thriving E-Commerce store, with a very strong domain, unique and growing market focussing on affordable Oil Perfumes. The business has over 25K Customers, 27K Email Subscribers. With our reliable supplier and outsourced fulfilment we can deliver to our loyal customers in just 2-4 days.

Over the course of its three journey, the business has consistently witnessed a robust growth trajectory, both in terms of revenue and customer base.
Generating a remarkable USD $900K in total Sales, $330K Sales TTM and $70K TTM Net profit , This business exemplifies thriving and profitable.

With such strong financial performance, it promises a robust return on investment, making it a compelling choice for any discerning investor.
Delivering impressive results in 2023 with a returning customer base of 35% and a 4.5* rating out of 5 on Trustpilot, our customers are loyal and genuinely happy with their Perfumes. Looking at this year alone we generated a conversion rate of 4.71% which is much higher than market average.

This business offers a compelling combination of financial stability and potential for future growth.
This business not only stands out for its profitable operations but also for its distinctive niche, the niche is growing year over year and not planning to stop anytime soon. Due to our strong marketing strategies, the business has the right fundamentals with products & marketing to grow massively further from the stability we’re currently experiencing.

This business has successfully positioned itself as a trusted deliverer of unique and wonderful smelling Perfumes. As the new owner, you will be acquiring a business with a solid foundation, a reputable brand, and a loyal and continually growing customer base.

With this niche growing & the relatively small product catalog, increasing marketing channels & budgets, working together with affiliates & focusing on B2B channels.

A dedicated Marketer Manager & E-Commerce Manager could stay on for a new owner if he/she wishes.

Business Operation

Online
Facilities
There are Perfumes Businesses out there, but due to our quick delivery, competitive prices, easy returns & reliable supplier we stand out and are loved by our customers. This is shown by our 4.5* Trustpilot rating & returning customer rate of 35%
Competition
Increase marketing budgets
Expand marketing channels
Add new product lines
Expand sales channels
Add affiliate marketing
Expand target audience (Worldwide)
And much more!
Expansion Potential
We'll give 90 days support to the new owner, but even after 90 days the new owner is more than welcome to receive our support, we do believe that support should be there at all times. Support will be going by the following methods: Email Whatsapp Online call Phone call In person (If possible)
Support and Training
None
Background & Skills
Yes, seller financing is available.
To be discussed
Seller Financing

Property Information

Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base
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