Home / Retail Franchise / Cosmetics Stores Franchises
Perfume Lounge - Franchise Opportunity
Perfume Lounge
Space Req.
Less than 250 Sq.ft
Investment Range
Rs. 5lakhs-10lakhs
Franchise Outlets
Less than 10
Like (0)
Review (1)
3 / 5 (1 Rating)
Views (1632)

about Perfume Lounge:

Founders:

  1. Shivam Sood - Digital marketing and entrepreneurship expertise.
  2. Deepak Agawaal - Over 25 years of experience in perfume pump manufacturing.
  3. Parvesh Bareja - Founder of Helios Packaging Pvt. Ltd., an investor in consumer-facing businesses.

Company Overview:

Perfume Lounge is a fragrance brand targeting young millennials and Gen-Z consumers.

  1. Focuses on offering trendy fragrance products at great value.
  2. Offers multiple price points and caters to various lifestyles and fashion trends.
  3. Provides a business opportunity with high margins, fast payback, low investment, and flexible business models.
  4. Offers extensive marketing and training support.
  5. Emphasizes creating a great fragrance buying experience.

Brand Architecture:

The company has distinct brand lines, including Designer Club, Gin&Tonic, and Taboo.

  1. Designer Club is for refined young men aged 22-35, focusing on clean style and confidence.
  2. Gin&Tonic targets bold young women aged 17-22, embodying energy, joy, and self-expression.
  3. Taboo caters to elegant women aged 25-40, emphasizing mystery and confidence.

Supply Chain and Capabilities:  

Boasts a robust supply chain.

  1. Features in-house product design and R&D teams.
  2. Demonstrates a rapid new product development process.
  3. Maintains a high-quality supplier network.
  4. Offers competitive pricing and product quality.
  5. Efficient in delivery time, service, commercial break-up, inventory management, and rent based on location.

Financial Projections (Five-Year):

Revenue Projection: $3,600,000 - $4,800,000.

  1. Cost of Goods Sold (COGS) Projection: $1,800,000 - $3,673,560.
  2. Net Revenue Projection: $1,800,000 - $3,673,560.
  3. Rent Projection: $600,000 - $878,460.
  4. Savings Projection: $360,000 - $527,076.
  5. Electricity Costs: $60,000 annually.
  6. Other Expenses: $120,000 annually.
  7. Total Profit Projection: $660,000 - $2,088,024.
  8. Offers a market-ready business opportunity

The Indian cosmetics industry, worth $4.5 billion, is expected to grow by 20% annually, reaching a value of $289,533 million by FY2026, a CAGR of 16.39%. This growth is attributed to increased disposable income, as people have more money to spend. For more information on starting a cosmetic franchise in India, contact FranchiseBazar.

 

Operations Commenced On: 2022 Franchising / Distribution Commenced On: 2023 Number of Employees: Not Revealed
Business Models
Industry Segment Investment Franchise Fee Space Expected No of Hours / month Expansion Location/s
Retail Franchise Cosmetics Stores Franchises Rs. 5lakhs-10lakhs Rs. 2lakhs -5 lakhs Less than 250 Less than 10hrs 3 places
Preferred Expansion Locations
North India, South India, West India,
Ideal Entrepreneur Profile
What should be the Education level of an Entrepreneur? : Not Revealed
What should be the skill set of an Entrepreneur? :
Not Revealed
What is that the business seek from an Entrepreneur? : No Ideal Franchisee Profile
Previous Experience of Entrepreneur? :
Not Revealed
There are currently no FAQ's from Perfume Lounge.
There are currently no events hosted by Perfume Lounge.
There are currently no news posted by Perfume Lounge.
1 Review
User Membership
Array on Oct 12, 2023 11:18 AM
Rated by FranchiseBazar
Please to post a review for Perfume Lounge
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Perfume Lounge has not uploaded any photographs till now.
Video Gallery
Perfume Lounge has not uploaded any video till now.
Business Information
How many franchisees are presently operational in home country? : Less than 10
How many franchisees do you have across the world? : Not Revealed
Franchisees presently available in home country at : Not Revealed
How many company owned outlets do you have? : Less than 10
Company owned outlets presently available at : Not Revealed
Documentation Details
Do you have a Franchise Agreement? : No
Term of Agreement? : Not Revealed
Do you have an Operations Manual? : No
Do you have a Bankable Business Plan? : No
Training Details
Do you have a Training Manual? : No
Where is the Initial Training conducted? : Not Revealed
How long is the Initial Training Programme? : Not Revealed
Mention a few lines on the post start up training assistance the company provides : Not Revealed
Business Suitability
Is Franchise/Business Opportunity suitable for women? : No
Is Franchise/Business Opportunity suitable for Senior citizens, retired professionals and/or people above 50 years of age? : No
Is Franchise/Business Opportunity suitable for Fresh Graduates and/or Students? : No
Can the franchisee work from home? : No
Is Franchise/Business franchising internationally? : No
Is Franchise/Business seeking Multiple/Master Franchisees? : No
Does this Franchise/Business qualify as a Multi Level Marketing Opportunity - MLM Business? : No
Is this Frnachise/Business a Manufacturing/Job work or an assembly related opportunity? : No

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