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$7,000 USD

Sweet Bee Apothecary

www.sweetbeeapothecary.com

Appears in Health and beauty , United States, California, Small Business, Business and Franchises under $10,000, Inventory, Highly Profitable businesses

General description

Sweet Bee Apothecary is an organic, all natural skin and hair care product line. All of the products are made with all natural and organic ingredients, packaged in reusable and recyclable materials.

FAQs:

How much time do you spend on the business each week?
During peak sales times, I spent about 20 hours per week. On average, I spent between 10-15 hours per week on marketing, product production and shipping.

What skills do I need to run the business?
Basic business acumen - knowledge of bill of materials to understand the P&L of the business. The formulas for each of the products sold are included in the sale price.

Can you tell me more about the business model?
This business was based entirely on direct sales. In order to scale, the buyer will need to invest in obtaining certification for their kitchen or rent time in a certified production facility. With that certification, it would be a straight forward process to move to a direct and retail distribution model.

What type of marketing do you do to attract customers?
All of the marketing was via social media (Facebook, Instagram and Twitter). An investment into product photos, before and after photos from customers. I have a deep understanding of social media marketing and would be willing to consult with the buyer to help re-start the business.

What are some things I could do to improve the business?
In order to grow this business, the buyer would want to invest into a certified production facility in order to obtain organic certifications. Additionally, someone who is familiar with retail/wholesale distribution models could successfully scale the business. If you're really focused and dedicated, you could become the next "Burt's Bee's".

Do you offer support after the sale?
Yes

What is included in the sale?
Website, domain, product formulas, vendor lists, social media assets, marketing assets (branding, packaging, logos)

Financials and traffic

The bulk of sales for this business were generated by participating in local events, such as farmers markets, Christmas fairs, etc.

Average profit/month

$1,000 USD

Average overall profit margin

60%

Average number of sales/month

25

Value of inventory

$1,000 USD

Lifetime revenue

$1,101.00 USD

Lifetime traffic

722 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

Business Expenses

Annual costs (including website, advertising, packaging, events, shipping and supplies) = $3,500.

Expense item

Cost

Shopify plan

$29.00/month

Subscriptions (ie. Mailchimp, apps)

$15.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$50.00/month

Inventory warehouse

$25.00/month

Domain

$8.00/month

Inventory

Located in Woodside

Willing to ship inventory

Willing to transfer relationships with suppliers

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Instagram

sweetbeeapothecary

Twitter

beeapothecary

Mailing list

45 subscribers

Social media followers

350 people

Q & A

Why should someone buy this store?

Someone who has a passion for natural skin and hair care with a knowledge of business management fundamentals could be very successful with this business. I started this business as a bee-keeper who wanted beauty products without the harmful chemicals and ingredients used in most commercially produced products. Working with bee-keepers to source honey, in addition to

How can the future owner improve the business?

In order to grow this business, the buyer would want to invest into a certified production facility in order to obtain organic certifications. Additionally, someone who is familiar with retail/wholesale distribution models could successfully scale the business. If you're really focused and dedicated, you could become the next "Burt's Bee's".

Additionally, one could scale the product line. We explored getting certifications required to sell consumable products, as well as developing a product accessory line to compliment the existing offerings (eg sponges, bath towels, candles, etc).

What work have you put into the store?

Development of branding (Logos, Messaging, Website). Product research and development. Vendor relationships and partnerships.

$7,000 USD

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