Hold

Products/Service

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. Watch Video Clip for this Listing.

Reason

Partner relocated to USA and another partner unable to dedicate enough time

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