Profitable Online Business Selling Niche Men's Grooming Products
About this business for saleProfitable Online Business Selling Niche Men's Grooming Products
This successful and profitable niche online retail and distribution business is located in the beautiful city of Cape Town. The business has been operating for over 3 years.
The business has carved out an excellent niche for its product range in the men's grooming industry. The products are all natural, with no animal by-products and are alcohol free, supporting the current trend for natural products. Profits are derived from multiple streams of income including online retail customers and a number of retail resellers.
An increase in future profits are likely as the products are consumable in nature resulting in repeat orders from a growing customer base as the products are used daily and require replenishment from time to time. The business has significant opportunities for growth including increased marketing efforts to the retail segment or by increasing the retail footprint of its range by having more stockists both in Cape Town and the rest of South Africa.
This business can be run from home or a small office providing the owner with a degree of flexibility and further upside potential as the financials currently include a rental component. Annual Financial Statements are available and show a healthy profit. Stock takes are done annually or as required.
The ideal buyer for this business is a single owner or husband/wife team looking to run an easy to manage business whilst having a flexible lifestyle. No prior knowledge of the industry is required although an interest in the health and beauty industry would be advantageous. A hairstylist/barber will also find this business appealing.
The owner is exploring interests in a completely different industry and therefore wants to sell this profitable business.
Asking price excludes VAT and stock of ± R170,000
+27 83 270 7836
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.