Beauty and Skincare Company Poised for Growth
For Sale in Austin, TX
Financial & Assets Details
About the Business
Business Description
The company is a skincare company with strong brand recognition. The company currently markets its products by utilizing various platforms such as HSN, Ipsy, Birchbox, etc. and has a robust pipeline of opportunities for long-term growth.
Current markets
· The company primarily targets women and men in their late 20's and older who wish to improve or maintain their skin quality.
Growth & Expansion
Opportunities
· Further invest in additional retail partners, new product launches, and marketing efforts
· Hire additional personnel and sales team to assist with inventory planning and production
· Focus efforts on expanding its Amazon retail channel
· Continue to build and grow the brand by adding additional products and offerings
· Expand into the professional market by partnering with additional dermatologist and plastic surgery offices
Market Competition:
Key aspects
· Two patents issued and multiple patents pending on product formulations
· Three trademarks issued on branding that is protected internationally
· 18 proprietary formulations
· Multiple patient clinical studies performed with outstanding results and feedback
· Strong industry relations and streamlined efforts that reduce costs
· Digital and e-commerce business allows for speed to execute, measure, and optimize results
Location Details:
Real estate
· The company leases office space in a large multi-office building for its headquarters; however, it mostly utilizes virtual office spaces.
Headquartered
· Austin, Texas
Reason for Selling:
Shareholder/owner objectives
· The sole owner is open to various deal structures; however, she would prefer to find a capital partner who can help take the brand to the next level.