Singapore  Singapore

Sell a Business

Listing ID: 3946 Last Refreshed: 07/05/2019 Total Views: 4092

Fragrance Consulting Business

Singapore

Asking Price: S$50K - 100K
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue S$200K - 500K Cash Flow S$20K - 50K
  • Gross Profit S$100K - 200K Net Profit S$20K - 50K
  • Stock S$5,000 Liability S$0
  • Payable S$2,500 Receivable S$8,000
  • FFE N/A Established 2012
  • Owner Role Full Time Staff 2
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Arnaud Blandin
Email Owner

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.


Business Operation

No direct competition. Details to be discussed with interested parties
Competition
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
Expansion Potential
All training kits from the luxury French Perfume school is available in PDF/PPT format and translated for the region.
Supporting and Training
Existing knowledge of the fragrance, aromas industry is a plus.
Background & Skills
Email Owner
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