The Makeup Sale Dunedin - Makeup, Perfume and Cash

Dunedin

$200,000

Proposed Usage
Retail
Description:
Property ID
1btj9wt

The Makeup Sale Dunedin - Makeup, Perfume and Cash

A rare, one of a kind retail opportunity now presents itself to the market.

This store has placed itself as competition to large retailer cosmetic departments by undercutting their prices by up to 50% whilst still maintaining an impressive gross profit margin of 70%. Same products, same quality, imported from U.S.A & U.K. distributors.

The Makeup Sale was started as a home based project, but after soaring demand the business has grown rapidly over the past 4 years and now has two permanent shops in Christchurch and Dunedin, and over 12,000 likes on Facebook.

They are the only retail branded cosmetics and fragrance discounters in the South Island. The owner is now looking to focus his energy on other projects and has made the difficult decision to place the Dunedin store on the market.

The Makeup Sale stocks 15 big brands of cosmetics including USA brands hard to get in NZ, 5 big brands of skin care including Elizabeth Arden, and more than 200 varieties of fragrances. These products are daily requirements for customers who return regularly to buy at the discounted prices. (Maybelline Mascara Falsies RRP is $26 however the store selling price is $11.99. OPI Nail Polish RRP $20 however the store selling price is $9.99).

This store presents an opportunity for a new owner to purchase a business which is undercutting competitors now, with further room to move prices in order to improve on an already impressive gross profit. The Makeup Sale Dunedin has the realistic potential to offer a working owner $100k plus per annum.

Contact Ricky or Jono today for an information pack.

Price $200,000 including estimated stock value $50,000

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