Businesses For Sale in SingaporeSingapore

Listing ID: 3946
Total Viewed: 3663
Last Refreshed: 19/09/2018

Fragrance Consulting Business

Singapore

Asking Price : SGD50K - 100K

Revenue: SGD200K - 500K

Cash Flow: SGD20K - 50K

Payable: SGD2,500***

Established: 2012

Gross Profit: SGD100K - 200K

Inventory: SGD5,000***

Receivable: SGD8,000***

Owner Role: Full Time

Net Profit: SGD20K - 50K

Liability: SGD0***

FFE: Not Disclosed

Staff: 3

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

***NOT included in asking price

Reason To Sell
DEPARTURE FROM SINGAPORE
Business Description

Nose Who Knows is a fragrance studio dedicated to olfaction with over 15 years experience in fragrance creation and education. Exclusive partner of Cinquieme Sens, a famous Fragrance Institution from Paris.

Our mission:

  • Convert ideas into successful scents,

  • Create scents-sational experiences,

  • Capture memories

  • Captivate emotions

Let us 4C your success !

The main customers include Singapore government organisations, worldwide luxury brands such as Dior, Ferragamo, L'Oreal, LVMH or P&G.

The business has 3 main practices:

    - General Public Training: several workshop and training organised on a monthly basis for adults and kids. 2 International Schools in Singapore have incorporated the activities as part of their regular activities

    - Professional Training: Training for professionals in the perfume industry

    - Consulting: development of tailored workshops, activation events for brands (such as William Grant and Sons, Remy Cointreau, Melissa) and custom fragrances for regional cosmetic brands.


The fragrance industry is currently growing in Asia: http://asia.nikkei.com/Business/Trends/Southeast-Asia-s-growing-middle-class-is-sweet-smell-to-fragrance-industry and NoseWhoKnows is now a reknowed brand in the fragrance industry in Asia.


Business Operations
Preferred Skills:
Existing knowledge of the fragrance, aromas industry is a plus.
Supporting and Training:
All training kits from the luxury French Perfume school is available in PDF/PPT format and translated for the region.
Staff:
1 Foreigner, 2 Part Time
Property Information
Premise Status:
Work At Home
Other Information
Competition:
No direct competition. Details to be discussed with interested parties
Expansion Potential:
The General Manager with all the 'fragrance' knowledge has been onboarded as well as 2 senior consultants. The market in Asia around perfume is growing (http://business.asiaone.com/news/success-smells-sweet-local-perfumers and http://asia.nikkei.com/Business/Trends/Southeast-Asia-s-growing-middle-class-is-sweet-smell-to-fragrance-industry). Nose Who Knows has created in the past 4 years a unique network to tap on that growth

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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