Asking Price: 13M Location: NCR
The perfume industry is one that has stood the test of time. From olden days to the modern world, smelling good has always been associated with being clean and presentable. Today, fragrances offer more than just a reflection of good hygiene, but an impression of one’s social status as well. With designer perfumes selling in the thousands of pesos, this brand has provided the market with a more affordable alternative. Many of the fragrances remind you of your favorite high-end perfumes and yet you need not spend so much to enjoy them.
What makes this business very appealing is that, through the years, it has been and is still a very satisfying source of revenue.
The owners started the business in 2012 mainly selling to coworkers, family and friends. Soon after, they expanded their market utilizing online selling platforms where majority of their sales come from up to this day.
Eventually, they incorporated in 2018 and, have opened 2 physical stores to date, situated in prime locations inside dynamic and popular shopping malls. They also have display counters across NCR, under a consignment agreement with one of the prominent chain of stores that have a strong presence around the country.
They consistently get recognition as a reliable brand from some of the biggest online selling platforms.
Despite the pandemic, they still managed to hit a positive income, mainly due to their long established online presence.
In fact, their sales for the year (2022) have outperformed their pre-pandemic earnings which could reflect a timely return on investment based on the asking price.
The well-packaged, reasonably priced and impressive focus on branding has built a good following of loyal customers through the years.
The new committed owner will have a great head start at generating good, stable income while having that extra room for scaling the business even further. The new owner could make P2 Million in 6 months’ time according to the seller.
Don’t let this one slip away!
“One opportunity used wisely, can change your life dramatically.” - Abhik Kashya