Add the coconut oil, beeswax, cocoa butter and olive oil to a double boiler. Melt over medium heat.
Remove from heat and allow the mixture to cool. It will harden slightly, but shouldn't be firm. This will take a few hours. You can put the bowl in the refrigerator to speed up the process.
Add in the aloe vera gel slowly while mixing with a hand mixer.
Add in essential oil and continue to mix until aloe vera gel is completely mixed into the oils and wax.