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Listing Id: 3946 Last Refreshed: 07/05/2019 4572 Views

Fragrance Consulting Business

Expired
Asking Price <span class='currency'>S$</span>50K - 100K
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Annual Figures
Revenue
S$200K - 500K
Gross Profit
S$100K - 200K
Net Profit
S$20K - 50K
Monthly Rentalt
Not Provided

Business Operations & Assets

Stock
S$5,000
Receivable
S$8,000
Payable
S$2,500
Year of Incorporation
2012
Owner Role
Full Time

Business Details

Reason For Sale

DEPARTURE FROM SINGAPORE

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.


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

Buyer Support & Terms

Support and Training

All training kits from the luxury French Perfume school is available in PDF/PPT format and translated for the region.

Background & Skills

Existing knowledge of the fragrance, aromas industry is a plus.
Important Disclaimer

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