Online retailer - Marketplace specialist - own brands

This business is a prominent online retailer/wholesaler that specializes in offering to the consumer, a wide range of its own brands and associated consumer products. Although they have a diversified range of products, they are exceptionally strong within the beauty category, with products the likes of hair care, hair tools, skin care, nail care and makeup. With a strong focus on marketplace trade, they have established themselves as a go-to destination for customers seeking high-quality products at extremely competitive prices. They boast an extensive portfolio of multiple brands, enabling them to offer a diverse selection of products across different product categories. Through their online platform and associated partnerships with all main Marketplace sellers, they effectively market and showcase these products, making them easily accessible to customers across Australia. With a commitment to quality and customer satisfaction, they have become a trusted name in the online retail industry.

Turnover: $ 591,788 P/A
Net Profit: $ 267,072 P/A
Price: $ 460,000 + SAV

• A well-established makeup brand operating in the Australian market for over 10+ years, with a loyal customer base. Over 3500 customers subscribed to their newsletter.
• The business has 6 unique product websites. 5 of the websites cover each brand individually, with one main showcase website which ranges their entire product portfolio.The business has close to 2000 customers.
• Regular wholesale customers
• The business enjoys an Ebay store with over 33,000 items sold to date, 859 followers and 99.4% positive feedback (8,515 reviews). The store has 366 current listings, with a very loyal customer base.
• Established Catch store with over 300+ listings. Thousands of reviews averaging at 4–5-star ratings, with very loyal customer base.
• Well established Ozsale store with over 700+ listings and a loyal customer base
• Alternative product listings on Amazon, My Deal, Kogan, Mosiac with new pending listings on Woolworths and Harvey Norman.
• Strong supplier relationships in place for efficient fulfilment of orders.
• Very cash flow friendly business. All sales are paid in full upfront directly to third party, and are settled in a very reasonable time frame, ranging from daily settlements (such as EBay) to weekly settlements (various others)
• Lean cost structure
• Existing stock is current, fresh and ready to sell.
• All suppliers are paid in accordance with their credit terms.
• The business is operated from home, with a third-party warehouse based in the western suburbs, as well as an additional small warehouse facility.

Contact Warren Levy for more information - 0414 474 777 or warren@corebb.com.au