Top Skincare Company Algorithum LTD in Waterlooville, Hampshire On Sale
Waterlooville, Hampshire
- Status
FOR SALE
- Date Submitted:
20/01/23
- Advert ID
506834
- Reference
B07111 / Rightbiz
- Call Agent:
- Asking Price: £23,000
- Turnover: £46,363 (£892 Per week)
- Net Profit: Not Applicable
Business Details
Highly Rated Skincare Products Business For Sale
BusinessPlease quote reference B07111
CoGoGo are delighted to welcome to the market Algorithum LTD, a highly rated skincare business for sale.
The business opportunity was established by our clients in 2020, and has already built up an excellent reputation and loyal client base.
Only now has the business come to the open market due to our clients other commitments. The business has ceased trading, therefore no stock is included in the sale. The business is ready to sytart trading again with customers and suppliers contact details included in the sale.
Algorithum LTD is an online cosmetics platform that specialises in skincare products and have the following three core values -
- A Safe Space to Shop - They believe that their customers deserve a safe space to shop that is free from pressures and overwhelming content. At Algorithum, they are real, authentic and they provide a space for you to shop beauty with a calmer and more considered approach.
- Real Skin - All their images and videos you see are not filtered, photoshopped or edited. They are about normalising skin texture, again ensuring that all consumers feel safe in the knowledge that there are no unrealistic expectations here.
- Going Against the Grain - It is all about doing what works for you and not following trends. Our clients say it’s time to create your own Algorithum.
- Unique e commerce cosmetics platform with an already established customer base.
- Over 3k followers on Instagram.
- Loyal following.
- This is a “what you see is what you get” sales model. The ethos of the company prides itself on transparency and only selling cosmetic products that really do what they say and deliver results.
- The aesthetic is of an “undone” / “Parisienne chic” look where makeup and cosmetics are not intimidating and are inclusive of everyday people with busy lives.
- Expand on the large customer base in place
- Look at introducing products.
- Push marketing/advertising
Location
N/A
Premises
N/A as the business trades via an online e-commerce platform.
Tenure
We are advised that this opportunity is being sold on a Business Only basis.
Hours
Due to the nature of the business, it operates 24/7.
Staff
We are advised that the business is run and managed by our clients.
Financial Profile
We are advised as per the 2021 accounts, Algorithum LTD generated a turnover in the region of £46,000. Further financial figures can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
