Kunal Darra

Dubai (ARE)
Role(s):
Founder/Owner/Principal

Beauty Vending

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Location: Dubai
Industry: Hospitality
Year Founded: 2010
Number Employees: 1-10 people
Business Stage: Growth (profitable)
Entity Type: Not Incorporated
Description: Introduction and Importance for the service : In today’s world image is everything, It helps you gain confidence , Looking shabby is not an option to a independent successful person. Everybody starts their day with grooming , but as the day passes hair gets messed up by the wind, the straightening done in the morning disappears and hair starts to get wavy again . Creams , powder, combing of hair and applying a layer of lipstick are common practices during the day, But straightening is not a very easy option to consider as its not easy to carry an straightening iron with you, throughout the day and even if you do , its not easy to find electric sockets to attach the straighter. Thus the main objective is to take the trouble out of the shoulders, and installing a vending machine of a Hair straighter into female washrooms. Moreover the Product uses UK’s number 1 professional hair straightner (GHD straightener ) , making it very reliable to use and attract individuals. Target Audience: Basically all females are our potential customers. The females who are working and studying are major segments as installing one machine into such institution , would attract a lot of working females. Interviews, meetings, presentations , emergency parties are now not a problem if the hair is messed up, as a convenient touch up can easily be given by the vending machine of the straightner . Potential of the product Local Potential : Universities , Night clubs, Sports bars, exhibition centers, cultural clubs, office buildings, fitness clubs, Airports , Metro stations , Shopping malls are various venues which will attract a huge number of customers at a single machine. International Potential : It has a lot of scope in Iran, India, Lebanon, Philippines and Egypt as per reviewed by research among those nationalities. Process in Dubai : 1 machine is already in Dubai , as the government wanted to know how and what the machine is so they could decide an activity to state in the commercial license: amount spent till now (5919 AED) 1. Get a local Sponsor (8000-10000 AED) 2. Make a commercial trade license (10000 AED) 3. Rent a office (20000 AED ) 4. Send 5. Buy machine from UK(9 machines) (29700 AED) 6. Freight for machinery (5000 AED) 7. Buy Exclusive Distributorship (12000 AED) 8. Get a stamp for each institution form From the government: (5000-7000 AED) 9. Install the Machinery in each institution (3000 AED) Thus these are the step by step process to be undergone as soon as the investment gets completed. Profits to institution : The institution the machine is placed at, gets a 10% of the collection recieved.