This might be one of the best small businesses for sale in the beauty industry.
You’d think it’s super complex. But it's actually pretty straightforward: A 100% remote marketing and consulting company for beauty professionals. Let’s look at the numbers: Revenue: 2022: $1.64M 2023: $2.08M 2024 forecast: $2.1M Earnings (SDE): 2022: $960K 2023: $810K 2024 forecast: $858K Why did earnings drop in 2023? Over-hiring. But that’s been fixed, so they’re back on track for 2024. 💪 Now, let’s talk about the asking price: Asking: $2.7M Multiple: 3.3x Here’s why it’s interesting: - 100% remote with 27 employees. - The GM handles 90% of day-to-day work. - Services are prepaid, and no single client brings more than 10% of the revenue. - Opportunities for growth? 1. Focus on client retention for recurring revenue. 2. Cut down the customer acquisition cost (currently at $1,562). 3. Expand into other niches outside of beauty. With the beauty industry set to hit $648B globally in 2024, this could be huge. 🌍 Like this deal? Comment “Beauty” below for more details and to get similar deals every week.