Cosmetics Business for Sale in Kanpur, India
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 600 thousand |
| Run Rate Sales | USD 376 thousand |
| EBITDA Margin | 10 % |
| Industries | Cosmetics + 1 more |
| Locations | Kanpur |
| Local Time | 3:54 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
- They started a firm with a new vision to make a boom in all eCommerce platforms and they succeeded in their vision after getting heavy sales five years ago and getting on top of all local sellers.
- They started to deal in basic daily needs personal care appliances like hair dryers, hair straighteners, beard trimmers, and some common cosmetic tools like makeup brushes, makeup blenders, lash curlers, also some household basic products like butter brushes, magic dusters, kitchen hand manual chopper, etc.
- The company started to source their products at very low prices from China, Korea, and Malaysia and deal directly with the importers which helps them to land the products at our destination points.
- The products are sold on Amazon, Flipkart, and Meesho under our brand name.
- We are selling our seller accounts and brand name, which have high visibility. Our Amazon account is prime-enabled.
- On a daily basis we receive 1,000+ orders.
- Since our inception, we have completed more than 2 lakh orders.
- The business owner had some health issues, due to which he was unable to devote time to the business. This is the reason for a reduction in run rate sales.
- This is a sole proprietor with one founder having a 100% in the company.
- Business does not have any loans.
Intangible assets include our seller accounts, goodwill, and brand name.