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Hair Accessories Business Investment Opportunity in Chennai, India

Exports hair extensions and wigs to clients in the US, Canada and the UAE.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 360 thousand
Run Rate Sales USD 360 thousand
EBITDA Margin 15 %
Industries Hair Accessories
Locations  Chennai
Local Time 5:29 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 120 thousand for 35.0% stake (Native Currency: INR 10,000,000)
Reason: - Marketing and promotion of our brand globally.
- Open a branch office cum store in Texas.
Includes physical assets worth USD 3.6 thousand
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Business Overview

Established firm in the human hair extension & wigs industry exporting products to 7 clients based in USA, Canada, Kenya and the UAE. These clients are beauty salons and wholesalers. Based on the client requirement we purchase the hair from one manufacturer in Chennai. This industry is huge and there is lot of demand particular for the south Indian hair. All our marketing brochures have professional photo-shoots of celebrities.

On a monthly basis, we ship 5-6 orders. Apart from having admin office in Chennai, we also have a registered office in Nairobi with 3 member team to take care of the local market. We supply the products from our Chennai office to Nairobi and then the Nairobi office further supplies to clients in local market.

Seeking funds to promote our brand and open 1 office cum store in Texas. We have one client from Texas who would help in the process of registering the firm and setting up a store there. We are still in the process of identifying the location in Texas. After starting this branch, we would supply the products from Chennai to Texas and the Texas office will supply further to clients in the US. The US is a huge market for us and we plan to open the office cum store at the earliest.

Founder has 10+ years of experience in this industry. Business owned assets include furniture and laptops in the office in Chennai and Nairobi.

Products & Services Overview

Hair extension & wigs sold under own brand.

Facilities Overview

Both the below offices are on rent:

- Head office of 300 sq ft is in Chennai operating with 6 members.

- Branch office in Nairobi is also of 300 sq ft and we have 3 members in this office.

Capitalization Overview
Not Disclosed
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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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