Listing Number: 76931-287668
Looking for a unique, profitable and absentee business with incredible growth opportunity? Then this high-end mall kiosk concept “5th Scent” is a perfect fit. While not an official franchisor, the owner sells licenses to this growing brand of men’s cologne sales kiosks. Any buyer could build and grow the Amazon and Etsy storefronts for nearly unlimited potential. The modern, sleek and stylish brand name “5th Scent” kiosks are sold by the owner, and as part of the business sale, the seller will work to connect his manufacturers with the new owner. Sale includes 5 active kiosk licensees. Revenue streams include monthly licenses fee plus an additional percentage of inventory purchased. In addition to collecting monthly licensing fees, the owner also provides all the wholesale products that are sold. Any buyer would only need warehouse space for the products and no real office space. The profit and revenue streams are three-fold, and the concept is poised for easy and swift growth. Included in the asking price is at least $75,000 in wholesale inventory, the trademark and other proprietary branding, so any new owner will be set up for success and growth.
There’s no need for traditional office space as any new owner would only need climate-controlled warehouse space for storing a wholesale product. While the current owner is not operating any of the locations himself, any buyer could expand the business in a way that would allow them to own several of their own kiosks as well. The total 2022 revenue was $400,705 with an SDE of $158,368. The revenue includes selling the kiosks and wholesale product to licensees and the burgeoning online sales. With minimal planning and advertising, growth on sites like Amazon and Etsy could be scaled quickly and very successfully. In 2019, revenues were upwards of $370,000, and when the seller was operating some kiosks as a retailer, sales and SDE were easily double those of 2021.
- Price: $ 400,000
- Down Payment: $400,000
- Sellers Discretionary Earnings: $ 158,368
- Total Sales: $ 400,705
- Location: Harris County, Texas
- Inventory: $ 75,000
- FF&E: $ 0
- Reason for Selling: Other Business Opportunities
- Category: Beauty/Personal Care