Fragrance Store

4 Fragrance Store Success Stories [2024]

Pat Walls

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Updated: October 6th, 2024

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.

In this list, you'll find real-world fragrance store success stories and very profitable examples of starting a fragrance store that makes money.

1. Fragrancebuy Canada ($24M/year)

Fragrancebuy's founder, with a background in Business and a Bachelor's degree, spotted the rise of warehouse sales and online shopping after graduating from the University of Toronto. Seeing an opportunity to offer low prices and a satisfying online shopping experience, they started Canada's largest online fragrance retailer, using a Five P marketing analysis and adding value at every stage of the customer's purchasing experience. With the help of the Shopify platform, they were able to expand their client base, improve cash flow, and emerge as a stronger company.

How much money it makes: $24M/year
How many people on the team: 10

Launching and Growing Canada’s Largest Online Fragrance Retailer

Canadian fragrance retailer, Fragrancebuy, shares how they became one of the fastest-growing companies in Canada and the USA, by focusing on adding value at every stage of the customer's purchasing experience and using platforms such as Shopify, Google Adwords, and Facebook Ads.

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2. Fragrance One ($2.42M/year)

Kamil Banc and his brother Jeremy co-founded Fragrance One to help customers find the perfect scents for different situations. With Jeremy's expertise as a top fragrance influencer and reviewer, they launched their flagship product, OFFICE for Men, through a record-setting crowdfunding campaign, pre-selling almost $940k worth of fragrance. Today, Fragrance One is generating $200k per month in revenue, with a focus on new customer acquisition and expanding their product lineup.

How much money it makes: $2.42M/year
How much did it cost to start: $100K
How many people on the team: 2

How We Created A $200K/Month Fragrance Line And Launched A $900K Kickstarter Campaign

Fragrance One co-founder Kamil Banc shares how they created a fragrance line that generates $200,000 per month through a $900,000 Kickstarter campaign and a focus on creating scents designed for specific situations, and offers advice for other entrepreneurs to "adapt and create."

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3. a:musé ($96K/year)

Eva Maganja, a designer with a love for fragrance, came up with the idea for a:musé candles after experiencing coughing fits from burning paraffin wax candles. She discovered the benefits of beeswax and saw a gap in the market for aesthetically pleasing beeswax candles. With the help of 3D printing and a focus on sustainability, Eva and her partner Urban Bradesko launched their line of luxury candles and are now making $8,000 per month.

How much money it makes: $96K/year
How much did it cost to start: $6K
How many people on the team: 1

How We Built A Sustainable Luxury Candle Product Line That Generates $8K/Month

A:musé Candles is a two-person team that bootstrapped their way to success by creating luxury, sustainable candles using only natural, eco-friendly materials and locally sourced beeswax and soy wax, and they currently make $8,000 per month.

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Read by 1,830 founders

4. TERRA ($30K/year)

Dianna, the founder of TERRA, started her business with less than $100 and in just 8 months, she has sold her eco-friendly candles to dream companies like Greetabl and Kinder Beauty. With a background in graphic design and a passion for physical crafts, Dianna found inspiration while traveling and decided to dive into candle making upon returning home to St. Louis. She took a risk, put up what she could, and successfully launched her candle business, proving that starting with limited resources is possible.

How much money it makes: $30K/year
How much did it cost to start: $100
How many people on the team: 1

How I Started A Candle Brand With $100 In 30 Days

Find out how a candle brand started with less than $100 and, in just eight months, achieved $5,000 in revenue, landed deals with major companies such as Greetabl and Kinder Beauty, and enjoyed a 86% profit margin thanks to its eco-friendly, handmade, and affordable candle products.

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Read by 17,106 founders