Hair Accessories Business Seeking Loan in Bhimavaram, India
Funding to restore thriving hair accessory business capable of INR 2 crore sales annually.
| Established | 20-30 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Hair Accessories |
| Locations | Bhimavaram |
| Local Time | 3:32 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
290 thousand
for
15.0%
annual interest,
5
years
(Native Currency: INR 25,000,000)
Reason: Funding will be used acquire raw material, accessories, machinery, hair care items, working capital ...
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Collateral Available: USD 290 thousand
Includes physical assets worth
USD
290 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
PAN Card
(451.7 KB)
GST Certificate
(709.5 KB)
Afro Braid Extension
(60.6 KB)
Domain-Verification.pdf
(213.9 KB)
MSME Registration Document 1
(114.2 KB)
MSME Registration Document 2
(134.9 KB)
MSME Registration Document 3
(23.6 KB)
Import Export Code
(75.9 KB)
Business Overview
- The company while in operations had numerous clients across USA and Europe. It ceased operations during Covid and now wants to commence operations once again.
- The product is non-perishable hence leading to no loss and virtually no risks as such.
- The demand of the product in the market continues to increase and profit margins have become better as well.
- While in operations, the company had an annual turnover of INR 2 crores.
- It served over a 100+ big players in the beauty industry across US and Europe.
- With the investment the company will be able to produce about 300-400 kg of product per month.
- The product is non-perishable hence leading to no loss and virtually no risks as such.
- The demand of the product in the market continues to increase and profit margins have become better as well.
- While in operations, the company had an annual turnover of INR 2 crores.
- It served over a 100+ big players in the beauty industry across US and Europe.
- With the investment the company will be able to produce about 300-400 kg of product per month.
Products & Services Overview
The company used to manufacture hair extensions and wigs world-wide. This product continues to have a huge demand in USA & Europe.Wigs and extensions were the best selling products.
Assets Overview
Tangible assets: 23,328 square feet land worth INR 2.5 crores.Intangible assets: IP rights belonging to the brand.
Facilities Overview
The company used to run operations from a 4,000 square feet factory where about 200 people can work. The land area is 23,328 square feet and there is only one floor. The facility is still owned by the business and operations can resume from here and it is located in Buvvanapalli.
Capitalization Overview
There are no loans taken for this business. There is only one owner who holds 100% of the firm.
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