Fashion Eyewear Business Investment Opportunity in Mumbai, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Partnership (LLP) |
Reported Sales | USD 580 thousand |
Run Rate Sales | USD 1.25 million |
EBITDA Margin | 36 % |
Industries | Fashion Eyewear + 1 more |
Locations | Mumbai |
Local Time | 9:07 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- The focus of the company is on the design of their sunglasses and the process of selling. Website maintenance and manufacturing is outsourced. Company designs the glasses in-house and gets them manufactured by OEMs in China.
- Company’s website has over 2,000 SKUs listed on it and has received a total of 2 million unique visitors with a return rate of around 15 %
- On average we receive 150-250 orders daily and have fulfilled over 45,000 orders since operations started.
- Our shipping partner covers over 26,000 pin codes across India and we have tie-ups with leading shipping companies.
- Currently operational only in India and planning to expand to other countries.
- Our website offers a wide range of payment options secured through reliable payment gateways.
- Marketing is done through various ad campaigns and influencer marketing across various social media platforms.
- Our company has generated revenue of INR 50M+ in 2 years since our launch.
- Company shifted from LLP to Pvt Ltd under the new manufacturing act, where income tax payable is just 15%.
- Business is also Registering under the Startup Act and also applying for income tax exemption.
- Promoter graduated from Chicago and has over 5 years of industry experience working with well-known entities such as Federal Bank and AT&T.
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Earlier than 15 daysFounding Partner, New York City, Investment Bank connected with the Business
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Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysDirector, Ecommerce, Dubai, Individual Investor / Buyer connected with the Business