Apparel Store for Sale in Chennai, India
|Employees||10 - 50|
|Legal Entity||Sole Proprietorship/Sole Trader|
|Reported Sales||USD 200 thousand|
|Run Rate Sales||USD 340 thousand|
|EBITDA Margin||38 %|
|Industries||Apparel Stores + 1 more|
|Local Time||9:50 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
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.
Jewellery made of Brass, Silver and Semi Precious Metals.
Earring, Bangles, Neckwear Set, Pendants.
Hand Crafted Bags.
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.
Earlier than 15 daysCo-Founder, E-Learning, Bangalore, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
Earlier than 15 daysConsultant, Chennai, Financial Advisor connected with the Business