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Malibu, CA

  • Listing Number: 130-21621

    Category: Beauty

Asking Price $350,000
Gross Revenue $566,148
Total Adjusted Net Income $239,267
Equipment / Fixtures $500
Year Established 1998
General Location Malibu, CA
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Skincare, as a market segment, is growing faster than any other part of the beauty industry. Sales of skincare products grew by 13% last year in the United States, while makeup grew by only 1% in the same period. This Skincare Company was founded in 1998 shortly after discovering Epidermal Growth Factor or EGF.

After trying EGF on the Seller’s own sun damaged skin she realized it truly worked! Seller states that her skin became one color and plumped up with virtually no visible pores. At that moment she knew that she had to bring this product to market - not only because of the results, but also because the product was so reasonably priced. Armed with a unique product the company grew rapidly as clients, one after another, experienced similar results. Clients are passionate fans of the products with a portion of clients that are very high- end celebrity types that can afford any product, yet they return time and time again because of the long-term effects of the products.

In addition, the wholesale price point allows for an 8 to 12 times mark-up. If you are interested in getting into this fast growing, highly lucrative industry, give us a call!

Gross Revenue
$566,148
Listed Price
$350,000
Total Income
$239,267
Inventory
Not Included
Equipment / Fixtures
$500
Training Period
2 weeks
Part-Time Employees
2
Reason for Selling
Looking to Retire

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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