Skin Care Products Mfg Business Raising Funds In Mumbai
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Product / Service
They are into manufacturing and sale of therapeutic skin care products. Their product portfolio is ready and they are looking to manufacture it on a bigger scale.
Clientele type
They are into white labelling and private labelling and also coming up with products of their own brand.
Premises
LEASED
Lease per month (in INR): 75.00 K
Security Deposit (in INR): 5.00 L
Carpet Area: 7,000 sq ft
All the machines are automated and capable of producing 50,000 pouches/sachets per day, 50,000 tubes per day, and 3,000 jars per day. The jar machine is automated and can also apply 5,000 labels a day. Additionally, there are cream filling and shampoo filling machines, both of which are automated, along with an automatic lid sealing machine. The total premise size is 7,000 soft currency utilising 5,0000 sqft right now
Asking Price Includes
Equity in the business.
Reason
Expansion of the business.
Other Details
The founder of the company has been deeply involved in the industry since 2006. Initially, they managed their own mechanical skincare clinic, where a variety of procedures were performed, including permanent hair removal, pits resurfacing, removal of facial impurities, photo rejuvenation, skin collagen and elastin treatments, as well as skin polishing and peeling. In 2011, they expanded their reach by offering franchise opportunities for their clinic. This expansion led to the establishment of 2 franchises in Mumbai, 1 in Jaipur, and another in Guwahati. Unfortunately, due to compliance issues faced by the franchisees, the decision was made to close down all franchises by 2015. Following the franchise closures, the founder shifted their business approach to selling mechanical skincare machines across India. These machines were produced in China and marketed under the founder's own brand. However, due to the increasing competition posed by low-cost Chinese machines, the company had to scale back its operations in the machine trading sector. Subsequently, the founder acquired a modest production unit located in Bhiwandi. Throughout this period, they maintained their practice and continued to provide consultations to medical professionals. As the business evolved, they transitioned to a fully-fledged factory setup, which serves as the present hub for their operations.
Business Tags
₹10 to ₹200 Cr
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