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Apparel Store for Sale in Chennai, India

A Proven Profitable Business Model Of An Upscale Jewellery And Accessories Label Based Out Of Chennai is Looking To Divest The Business.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales INR 1.5 crore
Run Rate Sales INR 2.5 crore
EBITDA Margin 38 %
Industries Apparel Stores + 1 more
Locations  Chennai
Local Time 1:08 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: INR 5 crore (Native Currency: INR 50,000,000)
Reason: I’ve created the brand, nurtured it and now it is an established & profitable brand. I want to sell ... View More
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
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User Verification
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Business Overview
We are a Chennai based indigenous jewellery and accessories label. Our brand is championed by over hundred dedicated artisans and twenty designers. Our flagship store is located in an upscale locality of Chennai. We also sell products through our website and chain stores. Our website is already up and running with an integrated payment gateway and a well established shipping policy. We are members of The Associated Chambers of Commerce and Industry of India.
We retail a variety of costume jewellery. We also provide a platform to the self help groups and local artisans to make a wide variety of products. We market and sell it through our brand. This business model has ensured that the local craftsmen receive their share of payment in fair, transparent and prompt manner.
The founder of the Company has won numerous awards over the years from leading Institutions such as Economic Times and Femina which includes Best Women Entrepreneur Award.
The significant jump in the expected revenue is due to the opening of our two new outlets in Chennai and Coimbatore. The above revenue figure includes sales from both brock & mortar stores and the online platform.
We currently have a stock worth One Crore in our Warehouse.
Products & Services Overview
Jewellery made of Brass, Silver and Semi Precious Metals.
Earring, Bangles, Neckwear Set, Pendants.
Hand Crafted Bags.
Facilities Overview
All the facilities below are very strategically located.
I ) I've a store which is a part of my residence & a warehouse as well on the first floor which is almost 2,000 Sq Feet. This store & warehouse has to be moved to another location post the sale deal.
Ii ) 150 - 200 Sq Feet of a prime location in Chennai. Monthly Rent - 90,000. An acquaintance so no deposit.
Iii ) 150 - 200 Sq Feet in an upscale mall in Coimbatore. Monthly Rent - 60,000. An acquaintance so no deposit.
Iv ) 150 - 200 Sq Feet in a high end mall in Chennai. Monthly Rent - 73,000. Deposit 4 Lakh.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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