5 Fragrance Store Success Stories [2023]

Pat Walls

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Updated: July 23rd, 2023

Start A Fragrance Store

Consumer report has revealed that 59% of women and 54% of men use fragrance daily. As the population keeps growing, the number of people using fragrances will continue to rise.

If you are interested in the beauty industry, consider starting a fragrance shop. You can start an online or offline fragrance store.

Here are some real life success stories of starting a fragrance store:

1. Fragrance One ($2.42M/year)

Jeremy Banc (from West Palm Beach) started Fragrance One over 4 years ago.

Revenue

$202K / month

View case study

Team

2 founders / 2 employees

Case Study

Hi, my name is Kamil Banc and I’m the co-founder of Fragrance One. We help our customers navigate through the jungle of fragrances by focusing on one thing: To create the perfect scents for specific situations.

Today we are selling about $200k/mo B2C at a 70-80% margin depending on promotions and time of the year.

how-we-created-a-200k-month-fragrance-line-and-launched-a-900k-kickstarter-campaign

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How We Created A $200K/Month Fragrance Line And Launched A $900K Kick... ➜

2. Fragrancebuy Canada ($24M/year)

Gary A. (from Toronto, Ontario, Canada) started Fragrancebuy Canada over 9 years ago.

Revenue

$2M / month

View case study

Team

2 founders / 10 employees

Location

Toronto, Ontario, Canada

Case Study

Fragrancebuy is Canada’s largest online fragrance retailer. We give fragrance enthusiasts access to a variety of discounted designer & niche fragrances through an impeccable online shopping experience.

It may come as a surprise to most, but we’re just a team of three dedicated and passionate individuals managing a multi-million dollar operation. Our secret lies below :)