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Optical Store for Sale in Gurgaon, India

Gurgaon-based non-operational eyewear e-commerce brand with 1.1 crore consumer base across India.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 750 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Optical Stores + 1 more
Locations  Gurgaon
Local Time 10:47 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.73 million (Native Currency: INR 148,000,000)
Reason: We are selling the business due to a lack of sufficient funding. The business is being offered at a... View More
Includes physical assets worth USD 350 thousand
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Business Overview
- The company, based in Gurgaon, has scaled impressively with a total consumer base exceeding 1.1 crore throughout India, showcasing its strong market penetration in the optical industry.
- The D2C e-commerce platform has generated over INR 70 crore in lifetime revenue, showcasing a successful model with strong potential when restarted.
- The business recently ceased operations due to funding constraints.
- At its peak, the highest monthly revenue generated was INR 6 crore.
- Before suspension of operations, the company registered impressive monthly sales figures of approximately INR 70 lakh.
- The business's operations were backed by strong technological intellectual property, supported by robust brand recall among consumers, elevating its competitive edge within the eyewear market.
- Products were manufactured through outsourcing, allowing the business to focus resources on enhancing e-commerce efficiencies and consumer engagement via their online platform.
- Registered under the Ministry of Corporate Affairs (MCA) and has a GST Certificate.
Products & Services Overview
The business offered a variety of eyeglasses, sunglasses, and prescription glasses for all ages through a direct-to-consumer e-commerce platform.
Assets Overview
Tangible assets:
- Inventory valued at INR 3 crore.
Intangible assets:
- GST input credit worth INR 7.5 crore.
- Intellectual Property (IP) valued at INR 5 crore.
Facilities Overview
This is an e-commerce business being sold on an as-is basis. The business does not operate from any physical facility.
Capitalization Overview
The business was funded through equity, with over INR 70 crore raised to date.
The founder currently holds a 76% stake, and the company has two directors. As of now, total liabilities stand at INR 14.8 crore, primarily consisting of operational expenses, mainly related to marketing.
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2 Buyers contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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