$9,000USD
  • Avg. Revenue /month
    $5USD
  • Avg. Sessions /month43
  • Avg. Profit /month
    $5USD
  • Inventory value
    $5,000USD

Business Story

Why this business was started

KOL KARE is an all-natural, premium line of organic medical-grade charcoal based beauty products. The secret ingredient is activated charcoal, which absorbs up to 100x its original weight in poisons and toxic matters (ie. dirt, grime, oils, or any beauty contaminant). Paired with other natural super-ingredients like aloe vera juice and ancient bentonite clay, this premium line of charcoal products outperforms current market products in terms of value offered within the ingredient list. Fully running Amazon FBA business provided along with fully-functional/set up ETSY store provided as well. Fully functional direct-to-consumer website provided. All social media channels and email list provided.

Like many entrepreneurs, I possess the very innate nature of creating. I love to create, build and bring ideas to life. A personal buddy of mine, Dave, from Atlanta, owns and operates a highly successful beauty brand. When in Atlanta two years ago, i fell in love with everything he was doing, from creating product to website design, to influencer marketing, all the way to designing new brand product formulas. Most importantly, I fell in love with the difference, change and positive value he was bringing to the marketplace and to his die-hard customers who LIVE for his brand. He was bringing out their natural beauty through the development of all natural products and was even receiving DOZENS of daily emails from customers expressing how THANKFUL and grateful they were to his business and line of products. Many of these emails explaining how his natural products changed their very owns lives. I was so enamored by everything that I decided to join him and create my own line of all natural, premium beauty products. It was at this moment that KOL KARE was born.

The reason of selling this business

At this very moment in time, I own and operate two very successful businesses (excluding KOL). To be completely frank, one of my biggest vice's as a serial entrepreneur is the internal addiction I create to that 1-out-of-every-1000 idea that is truly incredible. A very feasible business idea that not only makes sense but once implemented, brings value to customers. I have a personal problem. My problem is that I feel as if I have all the time in the world when in reality I share the same short 24 hours a day that we all have.

Two years back, I decided to create this brand called KOL KARE as a "side project" that would eventually become my full time baby along with my other business at the time. The other business was doing so well and scaling so quickly that It was funneling every minute of my day. In other words, I had built KOL KARE entirely and was forced to leave it on the back-burner while I focused on scaling my main business. I've invested not only a significant amount of capital into the creation of the brand but have also invested a significant amount of time. So much time that having left it on the side for the last year or so has been burning me inside. While I keep telling myself that I will one day come back to it, the idea of leaving such a beautiful brand on the bench is eating me inside. While I can be selfish and unrealistic in the sense that I will soon come back to it in the near future and should hold on to it- I figured I would give someone the opportunity to take what I have built and create something truly magnificent. Perhaps that will bring me the fulfillment I was seeking since starting the brand? The reality is, I built the brand and business, gained traction, generated revenue, proved the brand concept and now am being pulled away by my other business. I unfortunately cannot continue to build the KOL brand.

What's involved in running this business

I have created everything from scratch, the business is FULLY functional and requires very little technical work from the new buyer. HOWEVER, nothing will work if you do not work. You must put in the time and effort in order to sell the products.

In order to grow this business, the buyer would have to invest time into social media, marketing and scaling the current in-place sales channels (ETSY/AMAZON/SHOPIFY). When you purchase, you will receive a fully developed multi-product brand where it is not necessary to create or introduce new products if you don't want to. It's all here for you. Along with the sale of the business, you will also receive a fully custom business plan from me on how I would personally go about scaling the KOL KARE brand and generating revenue/sales. You will also receive ready-made inventory for you to begin selling and marketing right away. This way, you only need to focus on creating sales when starting out.

Time to run this business: approximately 25 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $5USD
    Verified
  • Avg. Sessions /month43Verified
  • Avg. Profit /month
    $5USD
  • Inventory value
    $5,000USD
  • Profit Margin70%
  • Avg. Sales /month50
Total revenue
$102USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
818Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $45USD
    /month
  • Inventory warehouse
    $5USD
    /month
  • Domain
    $1.67USD
    /month

Sale Includes

  • Physical inventory

  • Logo and branding assets

    All Logo and Branding assets will be beautifully organized in a file and transferred to you. Transfer will be facilitated through WeTransfer or Google Drive. Once you, the buyer, confirms receipt of all documents and data, after 14 days I will erase all data from my possession.

  • Personal support after sale

    I will provide a full-fledged business plan and will administer 1 on 1 support for up to 60 days after the sale of the brand. I will draft up an in-depth business plan and marketing strategy to outline the steps needed to continue to generate revenue, build the sales funnels and grow the brand. All of this will be clearly outlined in a word document.

  • Domain

  • Product photos

    All professional product photos ever taken will also be organized and sent to you. When you purchase the business, you will have full rights to everything transferred. Transfer will be facilitated through WeTransfer or Google Drive. Once you, the buyer, confirms receipt of all documents and data, after 14 days I will erase all data from my possession.

  • Suppliers

    Not Included

  • Mailing list
    1,067subscribers
  • Social Media
    Total followers1,100subscribers

Seller‘s Advice

How to grow this business

A full-fledge business plan will be provided to you once you purchase the brand outlining all growth strategies and marketing opportunities I would personally take in order to grow and scale the brand. I will draft up an in-depth business plan and marketing strategy to outline the steps needed to continue to generate revenue, build the sales funnels and grow the brand. All of this will be clearly outlined in a word document.

Skills to have

All products are organic and sustainably sourced. All ingredient list and formulas will be provided. 5 product full-development provided. Beginners knowledge on product/cosmetic formulas and ingredients would be helpful.

Why buy a business on Exchange

Verified listing data

The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.

Secure messaging platform

You will be able to communicate with sellers via a secure messaging platform. After you log in and request information from a listing, sellers are notified and have the ability to respond. When you are ready, you can make an offer.

Encrypted payment capture

Exchange and Escrow.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.

Take time to inspect the business

Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.

Safe store transfer

When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.

Post-purchase 24/7 Shopify support

Once you log into your Shopify account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.