Optical Store Investment Opportunity in Ahmedabad, India
| Established | 1-5 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 700 thousand |
| Run Rate Sales | USD 600 thousand |
| EBITDA Margin | 10 % |
| Industries | Optical Stores |
| Locations | Ahmedabad |
| Local Time | 5:05 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Recently Active |
- We have 14+ stores currently running in Ahmedabad.
- 3 stores are on a Company Owned Company Operated (COCO) model while the other 11 are on a Franchise Invested Company Operated (FICO) model.
- The investor/franchisee in the FICO model is paid 10% of monthly sales as a payout.
- Each store has an optometrist and the average order value per customer is INR 1,250.
- The total monthly revenue of all stores is about INR 42 lakh.
- 5 stores are about to be opened in the next 2 months.
- Revenue tends to be slow at the beginning of the year and it will increase in the coming months.
- E-commerce business also started 1 month back, and we have done INR 50k of sales only.
- The investor will receive a stake in the private limited entity that owns and operates the business.
Sunglasses, Frames, Lenses.
Person with eye issue and for beauty buy our products.
Tangible assets are the stock of products, machines furniture in the stores worth INR 1 crore and some back office equipment worth INR 10 lakh.
The intangible assets include our e-commerce platform and franchise agreements.
We have 14 stores running, all are in Ahmedabad and on rental. The monthly rent of the stores ranges between INR 50,000-60,000 with an 800 square foot area per store.
- We have a franchise model currently, are self-funded and have no loans.
- The company has 2 directors, with 1 director having 94% stock and the other owns 6%.
