Description
This is a premium British brand in the fast-growing male grooming $50bn category. Owned by a UK-based company, that specialises in creating and incubating premium brands for the cosmetic sector, this premium brand retails its products through a variety of direct and indirect channels in the UK, Europe and North America.
The brand was acquired and successfully relaunched in October 2018 and its turnover to September 2019 is already forecasted to be £250k, with a very strong gross margin of c.70%.
There are some very significant growth opportunities from existing and new channels, but the owning company has taken the strategic decision to divest of this growing brand, to enable focus on core areas of business.
This is an outstanding opportunity for a strategic buyer to add this premium British brand to their existing portfolio of brands.
Offers will be considered in excess of £1m for all rights to the brand, including IP and transfer of all existing sales and manufacturing agreements.
The buyer most likely operates in the cosmetic and personal care sectors with the scale to invest to achieve the huge potential for this brand.
The seller would also consider a partnership and would actively consider retaining a minority interest in the brand, due to the anticipated high future growth in Asian markets that are not factored into the selling price.
Seller finance could be made available.
PLEASE NOTE:
For additional details, please contact Transworld Business Advisors UK on +44 (0) 1372 540 989 or via email at doakley@tworlduk.com
For any enquiries, please get in touch!..
Listing Details
- Listing Number: 62394-516719
- Location: Hampshire, England
- Price: 1,000,000
- Down Payment: 500,000
- Sellers Discretionary Earnings: 100,000
- Category: Beauty/Personal Care
- Inventory: 10,000
- FF&E: 0
- Employees: 5
- Years Owned: 1
- Reason for Selling: To allow focus on core business
Business Listed By:
- Ibti Hasan
- Phone: +44 (0) 1372 540 989
- Email: ihasan@tworlduk.com