7.3 / 10
 Bhimavaram

Funding to restore thriving hair accessory business capable of INR 2 crore sales annually.

Key Business Facts
Yearly Sales Nil
EBIDTA Margin Nil
Industries Hair Accessories
Locations  Bhimavaram
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.
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.
Capitalization Overview
There are no loans taken for this business. There is only one owner who holds 100% of the firm.
Assets Overview
Tangible assets: 23,328 square feet land worth INR 2.5 crores. Intangible assets: IP rights belonging to the brand.
Seeking Loan
USD 300 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 ... View More
Collateral Available: USD 300 thousand
Includes physical assets worth USD 300 thousand
Interested to connect with advisors

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