Left the job of a waiter and started a business. Now it has become a brand, today the turnover is worth crores, this offer was placed in the shark tank.

Ronit Kawale
Ronit Kawale - Senior Editor
3 Min Read

Gauhar/Delhi: Only those who convert adverse circumstances into opportunities often achieve success. Deepak Sharma of Delhi did something similar. He left his job of Rs 3,500 and started his own salon business. Due to which he is now doing a turnover of Rs 4.5 crores annually. Deepak told that he started the salon business in the year 2015. He says that he considered salon business to be a process oriented business. That's why he came into this business and then he started his own salon named 'Be U Natural'.

WhatsApp Group Join Now
Telegram Group Join Now

Deepak has also appeared in Shark Tank Season 3 this year and pitched the idea of ​​his salon business. He had kept a valuation of Rs 24 crore in Shark Tank. At the same time, he had also offered to give 2.5% equity by taking Rs 60 lakh. Although, he did not get any kind of deal from Shark Tank, but all the judges praised him a lot and his confidence was also appreciated a lot.

Shark Tank India judges praised
In Shark Tank India, Deepak surprised all the judges with his business module. He claimed that he provides facilities like keratin for Rs 999 and full body wax for Rs 49, which no one in the entire industry provides such facilities at this rate. He told that now another offer has also come out in which he is also doing facial for 1 rupee. He also said that not only such offers, giving customer satisfaction and staying in touch with the customers is the biggest achievement of his business. Five of his salons are in Delhi-NCR and the rest are in cities like Lucknow and Kanpur.

Also read- You will look like Noorjahan when you wear Pakistani suit, this market of Delhi is no less than Lahore.

This is the goal going forward
Deepak had come to Shark Tank and said that he was going to become the second largest brand in the old salon category in India. He also said that he will achieve this target in the next 12 to 18 months. How will we take this business forward? Deepak further said that he has kept it in franchise model but before giving franchise to anyone, he will have to go through this process. In which he will see that whoever is being given the franchise is matching his values ​​and thoughts. At the same time, he also said that we will charge 15% royalty on the total revenue of whoever we give this franchise to. The rest of the front fees that you will charge depends on person to person.

Tags: Business, Business ideas, Delhi news, Local18, Success Story

PressNews24 provides latest news, bollywood news, breaking news hollywood, top tech news, business standard news, indian economy news, world economy news, travel news, mumbai news, latest news mumbai loksabha election 2024, video viral news, delhi news, Only at PressNews24.in

Leave a comment