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Beauty Product Shop Seeking Loan in Lucknow, India

Artificial jewelry and beauty products retailer receiving 15-20 daily walk-ins seeks funding for expansion.

Established 10-20 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 42 thousand
Run Rate Sales USD 42 thousand
EBITDA Margin 40 %
Industries Beauty Product Shops + 1 more
Locations  Lucknow
Local Time 12:29 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 5.8 thousand for 20.0% annual interest, 3 years (Native Currency: INR 500,000)
Reason: We were not able to reinvest our profits back into the business due to our personal medical expenses... View More
Collateral Available: USD 0
Includes physical assets worth USD 14 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Udyam Certificate
Business Overview
- Established in Aashiyan, Lucknow, this retail shop boasts nine years of operational experience, specializing in both cosmetics and bangles.
- Strategically located in a bustling area of Lucknow, benefiting from high visibility and accessibility.
- Experiences a steady daily footfall of 15-20 customers, indicating consistent patronage.
- Sources products from major wholesale markets in Lucknow and Mumbai, ensuring a variety.
- Features an extensive jewelry collection, including metal bangles, mirror bangles, wedding jewelry, and 1-gram gold pieces.
- Offers a diverse range of beauty products from reputed brands such as Foxtale, Wow, Nivea, and BBlunt etc.
Products & Services Overview
Bangles and cosmetics, primarily used by local customers.
Assets Overview
Tangible assets include our current inventory worth INR 12 lakhs and intangible assets include our Udyam registration certificate.
Facilities Overview
10 by 10 square feet shop and operates from a rented facility.
Capitalization Overview
The business is presently funded by the owner and has no debts and loans as of now and has only one owner.
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1 Investor viewed this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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