Hair Accessories Company Investment Opportunity in New Delhi, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 2.04 million |
Run Rate Sales | USD 2.1 million |
EBITDA Margin | 5 % |
Industries | Cosmetics + 1 more |
Locations | New Delhi |
Local Time | 10:36 PM Asia / Kolkata |
Listed By | Advisor / Business Broker |
Status | Active |
Business has a strong product-market fit in hair care and its various subcategories including wavy and curly hair solutions, treatments for dandruff, hair fall, greying hair, damaged hair and other solutions for styling, enhancement and maintenance.
Core Team:
• Third-Time Founder, Ex-KPMG, Bachelor of Science, Business Administration, University of Southern California.
• Second-Time Founder, Masters of Science in Management, University of Surrey, UK.
• VP Finance, Ex Zypp Electric, Chartered Accountant.
• Growth and Strategy Consultant, Ex-Head of Ecommerce, The Moms Co.
• EiR, Ex Urban Company.
Traction:
The company currently has an ARR of INR 30 Crores, entirely online. The lifetime sales of the company are ~ INR 50 Crores.
● Gross margins: ~65%
● Contribution margin II: 20%+ (CMII Profitable)
● EBITA is 0 last month, with this month being the first profitable month.
● ~35% of orders each year are from repeat users.
● Signed Joint Business Plan MoU with Flipkart and Myntra for INR 35 crore sales over next 24 months.
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Earlier than 15 daysFounder, Real Estate Consultancy, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Professional Services, Guwahati, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysSenior Vice President, Business Supplies & Equipment, New Delhi, Individual Investor / Buyer connected with the Business