Recent content by OdelF

  1. O

    Best place to sell profitable single-product skincare store?

    Thanks :)
  2. O

    Best place to sell profitable single-product skincare store?

    Yes, that is an option - thanks. Absolutely - the adjusted net profit (or SDE) is the operating profit (about £35k) but with items like my salary and dividends added back in.
  3. O

    Best place to sell profitable single-product skincare store?

    That's the net profit, so that figure is with my salary and dividends added back in. Operating profit is about £35k.
  4. O

    Best place to sell profitable single-product skincare store?

    Yes, the legal requirement to sell a cosmetic product in the UK is a CPSR safety assessment - it has that. This allows the product to be sold anywhere (though it must first be listed on the relevant country's portals. This product is listed on the UK and EU portals.) The trademark is a UK name...
  5. O

    Best place to sell profitable single-product skincare store?

    Good info, thanks - I understand why not having a manufacturer in place makes it a difficult buy, so I was intending to sell it at a much lower price, but I see two other good options in your post: 1. Simply set up the manufacturing by buying a first batch (easy since I have a manufacturer...
  6. O

    Best place to sell profitable single-product skincare store?

    A partnership isn't something I'd considered, but the original post is about taking over.
  7. O

    Best place to sell profitable single-product skincare store?

    Hey I own a single-product Shopify store (skincare niche, specifically dandruff) that did £58,345 in adjusted net profit in the last tax year. But due to a health issue that limits my focus, I'm looking to sell so I can focus on something else. The problem is I make the product myself at home...
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