6.2 / 10
 Howrah

Investment Opportunity: Wig and hair manufacturing business in West Bengal with domestic and international clients.

Key Business Facts
Yearly Sales USD 30 thousand
EBIDTA Margin 30 %
Industries Hair Accessories
Locations  Howrah
Business Overview
- Wig and hair manufacturing company located in Howrah and Dulopur Uluberia, West Bengal.
- Our products include beard, wig and toupee.
- We source our raw materials from 2 suppliers in Tirupathi, Andhra Pradesh.
- Our clients are both domestic and international. We have 2 domestic clients. Our top client is Hair Originals, Delhi. Our other client is from Eluru, Andhra Pradesh.
- We also get International orders from Africa (mostly) through Google, Facebook and Instagram page.
- Our manufacturing is based on the orders received. We receive domestic orders for about 40 pieces each week.
- For international, we get bulk orders for about 200-300 pieces for each order.
- The value of each piece for international order is ~ INR 20k - 30k, whereas for domestic, it is ~ INR 15k.
- Most of our orders are domestic.
- There are 40 employees, among which 18 employees in the marketing and management roles work everyday. The others are factory employees who work for 15-20 days in a month and are paid per piece basis.
- The business has GST Certification, PAN card, IT registration and import/export registration.
Products & Services Overview
Our products include beard, wig and toupee. Wig is the top selling.
Our clients are both domestic and international. We have 2 domestic clients. We also get International orders from Africa (mostly) through Google, Facebook and Instagram page.
Capitalization Overview
Business is funded by the owners. We have a cc limit of 6 lakhs from bank. There are 2 directors, holding ownership of 50-50%.
Assets Overview
Inventory, furniture, office equipment, computers, manufacturing equipment.
Partial Stake Sale
USD 50 thousand for 15.0% stake (Native Currency: INR 4,000,000)
Reason: For expansion of business by increasing the working capital and manufacturing capacity. We are unabl... View More
Includes physical assets worth USD 20 thousand
Interested to connect with advisors
In talks with 1 Investor
Contact Business