Beauty Product Shop Investment Opportunity in Guwahati, India
|Run Rate Sales||USD 1.5 thousand|
|EBITDA Margin||Operating at loss|
|Industries||Beauty Product Shops + 1 more|
|Local Time||5:37 AM Guwahati|
|Listed By||Business Owner / Director|
- Our company was incorporated on 31st August 2017, and since then, with very limited funds, we have successfully initiated our new platform for selling natural products.
- We have tied up with 10 vendors in Assam, including natural product distributors as well as manufacturers who are accountable for quality assurance in the market. We are targeting to tie up with at least 50 vendors in next 6 months across the country.
- The platform has been successfully able to create at least 5 orders a week. Each order we generate a minimum commission of 7 to 8% and a maximum of 15%, depending on whether the product is sourced from vendor or manufacturer.
- Though we are improving our sales, our profit generation is still marginal due to overhead costs and reinvestment in new stocks. Once we stabilize the business, we would start focussing on profitability.
- We are also operating this business offline in Assam's market, by creating a distribution channel between us and retailers, which is helping us acquire higher commission from manufacturers.
- Seeking funds to promote the platform and use it for our operational expenses.
Branded, natural, healthcare and cosmetic products.
Earlier than 15 daysEngineer, IT, Guwahati, Individual Investor / Buyer connected with this business
Earlier than 15 daysProprietor, Furniture, Kolkata, Individual Investor / Buyer connected with this business