Optical Store Investment Opportunity in Chennai, India

Optical business based in Chennai having 14 stores seeking funds to expand the online business.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 700 thousand
EBITDA Margin 36 %
Industries Optical Stores
Locations  Chennai
Local Time 1:52 PM Bangalore
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 200 thousand for 20.0% stake (Native Currency: INR 15,000,000)
Reason: For marketing and to expand and further develop the online business.
Includes physical assets worth USD 450 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
Business Overview

- Optical store located in Alagiri street, Pallikaranai, Chennai. There is a church close by which sees a lot of visitors.

- Totally we have 14 stores in Chennai.

- We receive 75-100 customers on a daily basis at all these stores put together.

- Have around 10 local vendors from whom we purchase these products.

- We provide prescription eye wear, contact lenses, sunglasses.

- Dealing in major International brands like, Essilor, Carl Zeiss, Johnson and Johnson, Ray-Ban.

- Recently we have also started our online business. We get around 15-20 orders.

- Seeking funds for marketing and to expand the online business.

- Promoter experience is around 22 years in this business.

Products & Services Overview

Prescription eye wear, Contact lenses, Sunglasses and accessories.

Facilities Overview
Recent Activity
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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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