Brothers in business! Young duo are making $2million a MONTH after starting an online beauty website in their teens with just $10,000 in savings
- Anthony Nappa, 25, and his brother Guy, 21, are behind Oz Hair & Beauty online
- The Sydney-based duo expect to make $25million in the 2020 financial year
- Their parents owned Oz Hair Sydney hairdressing salons in Miranda
- Anthony put $10,000 of his own money into the business when he was 19
- The site sells hair tools like ghd and moisturising treatments like Olaplex
At just 19 Anthony Nappa invested $10,000 of his own money into setting up an online beauty store, and it’s set to turn over $25million by the end of 2020.
Oz Hair & Beauty has quickly become a one-stop shop for all things ghd, Olaplex moisturising treatments and Morrocanoil shampoo and conditioner, with fast service and a broad range of brand names their biggest selling point.
Now his 21-year-old brother Guy has helped expand the Sydney-based warehouse and train their 25 employees, making it a family affair.
Anthony Nappa (left) invested $10,000 of his own money into setting up an online beauty store, and now his younger brother Guy (right) is his business partner
In 2012, just over a year after graduating from high school, Anthony decided to take his knowledge of the salon industry national by creating an online store.
His parents Elio and Venessa run Oz Hair Sydney hairdressing salons – including their 30-year-old flagship store in the Queen Victoria Building – so he had some basic brand connections to start with.
Anthony was only a second-year marketing student at the University of Sydney when he noticed the demand for eCommerce stores, particularly in the beauty space.
So in February that year he started an eBay store before launching ozhairandbeauty.com, running the operation out of his father’s warehouse.
His parents Elio and Venessa run Oz Hair Sydney hairdressing salons – including their 30-year-old flagship store in the Queen Victoria Building (Anthony with Elio)
Anthony prided himself on having a 100 per cent positive customer feedback rating (customers pictured)
‘I was making three to five orders a day in the first few months, then 10-15 orders a day in the second half of that first year,’ he told FEMAIL.
In the first year the business made $174,000 in revenue and just $18,000 in profit.
By the third year Anthony’s fathers’ business moved out of the Miranda-based warehouse and Oz Hair & Beauty took over the entire lease.
But while business is booming now the first few years were spent working more than 10 hours a day, seven days a week, sourcing product, fulfilling orders, packing and dispatching products, establishing partnerships with new product manufacturers and personally answering all customer emails.
Anthony prided himself on having a 100 per cent positive customer feedback rating but the wins came with a few challenges.
But while business is booming now the first three years were spent working more than 10 hours a day, seven days a week (Anthony pictured)
To help out his older brother Guy purchased a stake in the business in 2017 and became Anthony’s business partner
He considered dropping out of university, once exhausted all his overdraft when he ordered too much stock, and had his website go down for a two-week period.
To help out his older brother Guy purchased a stake in the business in 2017 and became Anthony’s business partner.
The pair make $2million every month and are regarded as the go-to Australian website for all things lifestyle related.
Oz Hair & Beauty averages 250,000 visitors and 20,000-23,000 orders a month.
‘We have just signed a new lease for a 1,500 square metre warehouse space in Sydney,’ Anthony said.
‘The business will turn over $25million in the 2020 financial year, based on first quarter sales.’