Est 7 years ago, the business is an authorised online stockist of professional skincare products as well as operating a small skincare centre. It operates in Australia (Sydney) and New Zealand (Auckland). Online retailing is the primary focus with revenue from skincare treatments making up a very small part of the total. They choose to work with the most respected and efficacious brands to achieve these goals.
The online store has a national footprint in each of Australia and New Zealand, has established an enviable market reputation and is a well-known brand in the online professional skincare market. The websites in Australia and New Zealand are sophisticated yet user friendly. They usually appear prominently (on page 1) in all relevant skincare Google searches.
The overall Australian cosmetic industry generates $5BN + annually and this business has tapped into the professional product niche which together with the other segments has considerable potential for growth. They have developed a simple yet effective logistics management approach for the delivery of its products to customers across Australia and New Zealand.
Key Business Features:
- Highly functional, responsive, secure and optimised e-commerce website with continuous stakeholder input.
- Strong supplier relationships in place for efficient fulfilment of orders.
- All sales are paid in full upfront – cash flow friendly.
- Lean (and static) cost structure, ready for director/owner management OR Bolton to an existing online business with existing infrastructure.
- Existing stock is current, fresh and ready to sell.
- All suppliers are paid in accordance with their credit terms. This is typically done using credit cards, which generates significant FF points.
- Situated in a convenient location on the North Shore of Sydney and in Auckland suburbs but can be relocated easily.
- Current Status: Listed for Sale
- Code: RN 617
- Category: Non Food
- Type: E-commerce online store
- Location: Sydney
- Sales: $1,800,000
- Period: Annual
- Net Profit: To Be Discussed
- Stock: $170,000
- Price: EOI
- Long Financials: Financial statements available for due diligence
- Staff: 2