Summary

Cosmetics e-commerce store generating good profits!!

Give me more information

Fully describe the business's activities?

Your one stop online cosmetic and skincare shop. They supply specialty chemicals in small pack sizes and can assist with any chemicals required for home use or to start up your own cosmetic or skincare range. Besides supplying chemicals in small pack sizes, they offer ready made kits and equipment.

How does the business operate on a daily basis?

Orders are received via the online store, which are prepared packed and distributed.
Bulk orders are received via email from regular clients.

What Advertising/Marketing is carried out?

Monthly budget is allocated to drive traffic to the online store this includes Facebook, Instagram and Google adwords.

What competition exists?

Competition exists - however competitors find it easier to source product from our client.

How could the profitability of the business be improved?

The business currently has only an online presence, there is large scope for wholesaling to other retailers.
Brick and mortar retail stores is an avenue for further growth.

Give a breakdown of staff/ functions/ length of service?

All orders are prepared, packed and dispatched by staff.

How involved is the Owner in running the business?

The owner has full time employment and is only partially involved in the daily running of the business.

What are the main assets of the business?

An asset list will be provided to qualified buyers.

Strengths?

-This business has a unique and exciting offering and enjoys little or no competition.
- Low staff compliment.
- Not large floor space needed to house the business - the owner currently runs the business from home.
- Low overheads