Optical Store Investment Opportunity in Mumbai, India

Optical stores offer customer-focused services and international brands of sunglasses, frames, contact lenses.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 200 thousand
EBITDA Margin
17 %
Industries
Locations
 Jaipur + 1 more
Local Time
6:47 PM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 400 thousand for 30.0% stake (Native Currency: INR 30,000,000)
Reason: Open approx 10 stores in Mumbai, Pune, Nashik and other nearby cities.
Includes physical assets worth USD 27 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
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User Verification
Documents
Business Overview

Company sells international brand of sunglasses, frames, Contact lenses and own brand of spectacles through retail stores. Planning to start new stores in Mumbai and nearby cities. Have many international brand of sunglasses. Our products are sourced from Multinational Companies like Luxxortica, Saffilo, Essilor & many others. For our brand of spectacles, we outsource the manufacturing process to 1 manufacturer. Currently have 2 stores in Jaipur receiving approx 12 footfalls per store per day. Generate 60% of revenue from sale of international brands and 40% revenue from own brand.

The company is run by 3 directors holding corporate & entrepreneurial experience of 18 years (combined). Details about them are highlighted below:

Director 1: Provides hospitality services to an IPL team and Pro Kabaddi team.

Director 2: Has sound corporate experience in retail, business development, fundraising, and operations. Has worked at a senior position in reputed organizations who were into eye-wear, cosmetics and apparel. He was also a former director for an eye-wear retail chain in India.

Director 3: The 3rd director is into event & hospitality services at cricket ODIs, IPL & state-level tournaments. He has also worked with Star Sports for Pro Kabaddi League as an assistant hospitality manager.

The registered address of the company is in Jaipur however, we have a small team there and mostly operate that office to manage the operations in Jaipur. Our main admin office is located in Mumbai with a large team sitting and operating from there. Business owned assets include computer, laptop and furniture at offices and at stores.

Brand USP's are as follows:

1. Same day home delivery for prescription lenses + frames / 90 minute delivery in shopping malls.

2. Order tracking & lens thickness parameter will be unique to consumers.

3. Ready pricelist for clear reference – digital pricelist.

4. Lens & Frame insurance policy.

5. Reaching to corporates / schools / high end residential for eye-care program.

Products & Services Overview

Sunglasses, Spectacles, Frames and Contact lenses & in-house brands of sunglasses & frames. We source our products from well know MNCs like Luxxortica, Suffilo, Hoya Lenses, Essilor etc. We have network with renowned boutique brands in Europe for fashion frames, sunglasses & other accessories.

We deal with brands like Giorgio Armani, Ralph Lauren, Diesel, Ray ban, Prada, Bulgari, Gucci, YSL, Tommy Hilfiger, Hugo Boss, Tom ford, Mont Blanc, Carrera, Gotti etc.

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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