This business is selling for Php13M + applicable taxes.
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 sometime between 2010 2013, 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 2022 outperformed their pre-pandemic earnings and the Jan-Feb 2023 sales of Php2,953,605 reflects an impressive 80% increase from Jan-Feb 2022 sales of Php1,635,729. This could reflect a timely return on investment based on the asking price. The sale includes an inventory of about
P1,5000,000 more or less. 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!
Email me: daniel.cabana@LINKBusiness.ph
