Cosmetics Business for Sale in Kanpur, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 700 thousand |
Run Rate Sales | USD 430 thousand |
EBITDA Margin | 10 % |
Industries | Cosmetics + 1 more |
Locations | Kanpur |
Local Time | 4:58 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- This firm was established almost seven years ago by one founder and a mentor who have a teacher and student relationship.
- 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.
We are an online business and sell our products on Amazon, Flipkart, and Meesho. Our products include personal care appliances, small kitchen tools, and makeup tools. In total, we have 12 products.
The business does not have any physical assets.
Intangible assets include our seller accounts, goodwill, and brand name.
This is an online business with no properties. We have a warehouse/office on a rental basis with an area of 1,500 sq ft.
All funds are arranged by proprietor. No loan and debts on our business. We are gaining profits and we did not need to get loan.
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Earlier than 15 daysFounder & CEO, IT Services, Kolkata, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Investor, Guwahati, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Manufacturing, Mumbai, Individual Investor / Buyer connected with the Business