Hair Accessories Business Investment Opportunity in Chennai, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 100 thousand |
Run Rate Sales | USD 100 thousand |
EBITDA Margin | 30 % |
Industries | Hair Accessories + 1 more |
Locations | Chennai |
Local Time | 2:45 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
1. The hair replacement and beauty studio, located in Chennai, caters to a niche market of individuals seeking hair replacement solutions and related services, including hair extensions, patches, wigs, and specialized wigs for cancer patients.
2. The studio has a high-profile clientele that includes VIPs and movie stars, reflecting the quality and appeal of its services.
3. The business has demonstrated a solid financial performance, generating an estimated annual revenue of INR 80 lakhs to INR 1 Crore with a current profit ratio of 25 to 30 percent.
4. The studio operates in the hair accessories, healthcare, and beauty clinics industry, with a focus on hair replacement and related services, making it a unique business in the Chennai market.
5. The business model has proven successful, with an average of 4 to 5 customers on weekdays and 10 to 12 customers on weekends, indicating a steady flow of clients.
6. The studio can accommodate 3 clients at its Nungambakkam location and 6 clients at its Thoraipakkam location simultaneously, allowing for efficient service delivery.
- Located in Chennai, the studio caters to a niche market of individuals seeking hair replacement solutions.
- The studio boasts a clientele that includes high-profile VIPs and movie stars, reflecting the quality and appeal of its services.
Deposits for 2 branches - INR 8 lakhs.
Infrastructure & Furniture - INR 22 lakhs.
Stock Value - INR 7 lakhs.
Currently the company has two operational branches situated in Nungambakkam (1,100 sq. ft) with monthly rental of around Rs. 42,500/- & Thoraipakkam (1,300 sq. ft) with monthly rental of about Rs. 65,000/-
Business started with own funds with small loans from banks. Currently a small loan of about Rs 10 lakh remains outstanding.
-
1 week, 1 day agoGroup Financial Controller, Automotive, Dubai, Individual Investor / Buyer connected with the Business