Listing IDSL000603 Asking PriceRs. 10 Lakh - 50 Lakh Last Year TurnoverRs. 2,000,000 Verification Status Pending

Business Details

Excellent opportunity to acquire an established cosmetics store. It is a 500 Sqft. rented store on the first floor of a 3 floor commercial building at OMBR layout. The store started in 2013. It retails brands such as L’Oreal, Maybelline, Lakme, Olay, Revlon, Color Bar, Biotique, etc. In addition to in-store sales, the store is also a merchant on Flipkart selling beauty products. The store is also active on Facebook with near 1000 likes, occasionally advertising deals. About the location: Kasturi Nagar in OMBR is an excellent location with lot of development. The location has multiple beauty salons including one Lakme Salon, multiple Cafes, Pizza chains, and other modern retail outlets. Currently 2 employees working at the store. Rent amount: Rs. 24.5K per month. Asking Price: INR 22 Lacs (includes 2 lakh in cash as rental advance; approximately 13.5 lakhs on fixed assets and Rs 6.5 Lakhs for business assets). Please see the attached teaser document for additional details.

Total Views1316 Buyers Contacted9
Reason For SalePartner relocated to USA and another partner unable to dedicate enough time
EBITDAAvailable on request Last Years Gross ProfitAvailable on request
IndustryRetail/Wholesale Sub IndustryBeauty Supply & Hair Accessories
StateKarnataka CityBangalore
Company TypePartnership Started in NA
Employees1-10 Employees Listing created byOwner

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