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Description:
Retail Store – Unique Product Category
Req: HK$3,500,000.
A retail store to be established in Central Hong Kong, a USP, selling a variety of grooming products and accessories.
the product
The only store in Hong Kong (HK) that will carry a range of 60+ global brands. These brands will specialize in skin care with a product range inclusive of but not limited to deodorants, shampoos, hair gels, skin care, shaving product’s, moisturizers, sun care, men’s’ accessories and travel packs.
The market
In HK people aged 30-39 are the main imported cosmetic consumer. This age group comprises 36% of the total population (of 2.5 million) and has the highest disposable income. Other significant consumers are those aged 15-19 (17.5% of total population) and 20-29 (37%). Men are also becoming an important target market. They are very focused on their appearance and frequently purchase cosmetics. Hong Kong tourists continue to provide another major cosmetics market. HK receives an average 22 million visitors each year. Market projections show cosmetics growing by 13% annually to reach sales of RMB100 billion by 2010. Office of International Business and Export, TDC, Business Victoria, 2006. Cosmetic Market in China and Hong Kong.
The management team
The management team consists of a selected group of professional consultants within the industries of branding, marketing, IT, legal and accounting alongside a day to day operational staff that take pride in their service history background and retail expertise. The G.M, with over ten years operational management experience in HK/China, skilled in business development planning, organizational motivation and strategy will build business to meet pre-set targets with staff that are conversant in Cantonese, Mandarin and English.
The time frame
the General Manager, has concluded the needed preliminary quotes, contractors, established product suppliers, potential retail site is under negotiation. The retail outlet and full website is ready to start the final stages for store rollout, a planned roll out date August 2008.
The offer
MM retail is seeking investors interested in a long-term business investment venture. The initial plan is based on one retail outlet. The branding, store design and concept is based on the potential of scalability within the retail marketplace.
Exit strategy
The investor will be paid back their initial investment as a priority and an estimated dividend payout on share base of 12%. The retail store will hold back a percentage of the profits after the investor has ben paid back in full for future retail stores after Yr 2 and agreed by vote at the AGM. An industry exit after Yr 5 of either trade sale/IPO with a forecasted ROI 23% (one outlet), ROI 54% (three outlets).
This opportunity is avaliable and suitable for investors who have a medium-high risk profile, are seeking a mid-long term commitment allowing business strategy roll out and growth, a silent partnership or a partnership on a consultancy basis, with proven expertise in a specific field.
Thank you for your time and due consideration of this proposal please contact for further details and discussion.