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 600 thousand |
Run Rate Sales | USD 1.3 million |
EBITDA Margin | 36 % |
Industries | Fashion Eyewear + 1 more |
Locations | Mumbai |
Local Time | 8:07 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- eCommerce company selling different types of glasses for men and women.
- 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.
We sell different types of sunglasses, eyeglasses and computer glasses under our own brand name via own online store.
Business owned assets include laptops, website, furniture, and inventory.
Rented office of 1,500 sq ft in Mumbai.
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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