about Perfume Lounge:
- Shivam Sood - Digital marketing and entrepreneurship expertise.
- Deepak Agawaal - Over 25 years of experience in perfume pump manufacturing.
- Parvesh Bareja - Founder of Helios Packaging Pvt. Ltd., an investor in consumer-facing businesses.
Perfume Lounge is a fragrance brand targeting young millennials and Gen-Z consumers.
- Focuses on offering trendy fragrance products at great value.
- Offers multiple price points and caters to various lifestyles and fashion trends.
- Provides a business opportunity with high margins, fast payback, low investment, and flexible business models.
- Offers extensive marketing and training support.
- Emphasizes creating a great fragrance buying experience.
The company has distinct brand lines, including Designer Club, Gin&Tonic, and Taboo.
- Designer Club is for refined young men aged 22-35, focusing on clean style and confidence.
- Gin&Tonic targets bold young women aged 17-22, embodying energy, joy, and self-expression.
- Taboo caters to elegant women aged 25-40, emphasizing mystery and confidence.
Supply Chain and Capabilities:
Boasts a robust supply chain.
- Features in-house product design and R&D teams.
- Demonstrates a rapid new product development process.
- Maintains a high-quality supplier network.
- Offers competitive pricing and product quality.
- 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.
- Cost of Goods Sold (COGS) Projection: $1,800,000 - $3,673,560.
- Net Revenue Projection: $1,800,000 - $3,673,560.
- Rent Projection: $600,000 - $878,460.
- Savings Projection: $360,000 - $527,076.
- Electricity Costs: $60,000 annually.
- Other Expenses: $120,000 annually.
- Total Profit Projection: $660,000 - $2,088,024.
- 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.
|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|