Business Overview
- Optical retail store business in Anand operating for 6 years.
- We sell frames, optical glasses, contact lenses, sunglasses and also provide computerized eye checkup services.
- On a daily basis, we receive 5-8 customers at our store.
- We also sell through our own website but as of now, almost all the revenue is from store walk-ins.
- We have strong relationships with leading manufacturers who supply the latest designs to us regularly.
- Staff has more than 15 years of combined experience in this industry.
- Planning to start our own factory to produce optical frames out of recycled plastics and lenses.
- At present only one company in India manufactures the blank for lenses and we intend to venture into this niche market by setting up our own blank manufacturing unit.
- Have already shortlisted the properties to set-up the facility, have gathered details of the machinery, raw materials and manufacturing process. We will finalize it post the investment.
- Promoter has more than 10 years of experience in this industry.
- Business owns interiors, product inventory, website.
Products & Services Overview
Selling Frames, Optical Glasses, Contact Lenses, Sunglasses through a retail outlet. Also, provide computerized eye checkup services.
Seeking Loan
USD
2.4 million
for
20.0%
annual interest,
5
years
(Native Currency: INR 200,000,000)
Reason:
Seeking funds to open more outlets & boost existing online business. Also, to start manufacturing of...
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Collateral Available: USD 17 thousand
Includes physical assets worth
USD
30 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business