Newly Established Cosmetics Business Seeking Loan in Baku, Azerbaijan
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | USD 7.2 thousand |
| EBITDA Margin | 25 % |
| Industries | Cosmetics |
| Locations | Baku |
| Local Time | 9:35 PM Asia / Baku |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
- The promoter, who holds a bachelor's degree in chemistry and is pursuing a master's degree in advanced cosmetic science, formulated the product as a chemist. The products are currently being produced through outsourcing to Turkey.
- The products are priced at USD 10 to 15.
- Despite being in the early stages of its operations and not yet registered, the business has already established a distribution channel through a local dealer.
- The business is positioned as a first-of-its-kind cosmetics company in Azerbaijan, offering a unique and innovative product in the local market.
- The company has significant growth potential and the ability to expand its product line in the future.
- The promoter's academic background and expertise in chemistry and cosmetic science provide a strong foundation for product development and innovation within the cosmetics industry.
- Anti-acne and blemish serum.
Intangible asset: expertise of the promoter and trademarked brand.
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Earlier than 15 daysOwner, Consumer Goods Trading, Amman, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysRetail Sales Officer, Electronics Appliances Retail, Riffa, Individual Investor / Buyer connected with the Business