Hair Accessories Company Investment Opportunity in Mumbai, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 158 thousand |
Run Rate Sales | USD 236 thousand |
EBITDA Margin | Nil |
Industries | Hair Accessories |
Locations | Mumbai |
Local Time | 5:21 AM Asia / Kolkata |
Listed By | Advisor / Business Broker |
Status | Active |
- Impressive Growth: Achieving INR 2.5 Cr in ARR, with 2X growth in the last year.
- High Margins: Enjoying 70-75% gross margins for promising returns. The business is currently operating at a breakeven.
- Strong Customer Base: Serving 100,000+ satisfied customers with a 45% retention rate.
- Diverse Sales Channels: Utilizing Shopify (60%), Amazon & third-party (30%), and salon partnerships (10%).
- Recognized Success: Backed by funding from Shark Tank India.
Also have other hair products like shampoo, conditioner, deep conditioners, and stylers such as leave-in conditioner, curl cream and hair gels for curly hair.
Looking to launch many more products and ranges in the near future.
Vox Ventures and 2 other investors.
Have a small dropline OD of 10 lakhs from HDFC Bank, out of which only 3 lakhs are pending.
-
Earlier than 15 daysManager, Cosmetics, Ahmedabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysAccount Manager, Consumer Products, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysProprietor, Distribution - Healthcare,, Mumbai, Individual Investor / Buyer connected with the Business