Business Summary:
Skincare, as a market segment, is growing faster than any other part of the beauty industry. Sales of skincare products grew by 13% last year in the United States, while makeup grew by only 1% in the same period. This Skincare Company was founded in 1998 shortly after discovering Epidural Growth Factor or EGF. After trying EGF on the Seller’s own sun damaged skin she realized it truly worked! Seller states that her skin became one color and plumped up with virtually no visible pores.At that moment she knew that she had to bring this product to market - not only because of the results, but also because the product was so reasonably priced. Armed with a unique product the company grew rapidly as clients, one after another, experienced similar results. Clients are passionate fans of the products with a portion of clients that are very high-end celebrity types that can afford any product, yet they return time and time again because of the long-term effects of the products.In addition, the wholesale price point allows for an 8 to 12 times mark-up.Included in this sale is the Seller staying on for 12 months to help transition the business and working on Sales, promotion (photos, filming, podcasts, etc.), product development.If you are interested in getting into this fast growing, highly lucrative industry, give us a call!
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