Apparel Store for Sale in Pune, India

For Sale: Well set-up fashion business with beautiful store, industrious workshop and a team of talented craftsmen.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 33 thousand
Run Rate Sales USD 34 thousand
EBITDA Margin 20 %
Industries Apparel Stores
Locations  Pune
Local Time 6:59 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 70 thousand (Native Currency: INR 5,000,000)
Reason: Business was set-up with a lot of love. This is a niche business which requires a lot of time and at... View More
Includes physical assets worth USD 70 thousand
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Business Name
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Shop Act License
Business Overview

- The store is in a prominent location in Pune, which has been a fashion destination for more than 16 years, which is a huge advantage. Another plus is the proximity of the store to the workshop is walking distance - allowing for ease in focus and attention on both aspects of the business.

- We manufacture designer wear as per customer's requirements and we also resell other designers apparel but the majority of our revenue is from our own apparel.

Key highlights are:

1. A team of highly skilled karigars, a master and fashion assistant who are trained to work well together. The strength of the current Karigar team is 5 members and it was actually downsized from 12 members. We can create up to 3 - 10 apparels daily depending on the level of detail and design.

2. The rustic Parisian store interiors with modern accents that represent a space that is classic yet fashion-forward allowing for a lovely setting to meet clients.

3. In addition to the in-house collection, there are collections from various other designers that have been carefully curated to suit the style and taste of regular clients. The store mainly houses upcoming designers. At any given point of time, we house over 5 - 7 designers in our store with a 45 days turnaround time.

4. We work on appointments for customized bespoke clothing which can be anywhere between 2 - 5 a day. Walk-in customers are approximately 2 - 10 a day.

5. Handpicked premium quality raw materials such as fabrics, trims, embroidery material, borders, laces, buttons.

6. A database of customers who have helped the current business grow over the last 6 years along with a database belonging to a multi-designer store that was home to this Koregaon Park premise for 12 years before the takeover of the space. We have 2,000 customers in our database.

7. Good vendor contracts for raw materials and for various production processes i. e. dyers, embroiders, machine embroiders, printers, maintenance personnel. Our vendors are primarily located in Pune, Mumbai and Delhi.

8. Merchandiser who works remotely and brings in other designers to house their products at the store and helps send out our collections to other stores pan India.

9. Well-groomed and well-trained fashion assistant who makes sales, designs for customers, manages complete production for customisations and leads the team at the workshop in executing the orders booked at the store with ease.

10. Detailed store operations along with complete knowhow of store and workshop liaising.

11. Detailed workshop operations and know-how of working with the team.

12. Introduction to a marketing team that will launch and promote the new label on various media and social media handles. Presently, we don't have a marketing team and we primarily rely on word-of-mouth promotion.

Products & Services Overview

Handcrafted ready-to-wear apparel collections that include women's wear, men's wear along with a product line of home accessories and fashion accessories which makes us a luxury fashion & lifestyle store.

Assets Overview

- Fine quality raw-materials like fabrics, trims, embroidery material, borders, laces, buttons.

- First-hand machinery that is relatively new which include sewing machines, overlock machines & pikko machine.

- Solid teak wood khaats for hand embroidery.

- Cutting tables, dummies, chairs, stools, irons, water filter, biometric machine, cameras, WiFi connection, cupboards, racks, airconditioner.

Facilities Overview

- The store is located on the upper ground floor of the premises visible from the road having approx. 380 sq. ft and mezzanine of around 143 sq. ft. The current monthly rental of the store is INR 85,000/- + GST @ 18% i. e. 15,300/-.

- Store has beautiful outside seat out area/passage in front of the store which is approx. 100 sq. ft. Have individual car park area for the store and generator back up facility is also provided by the society. The car park area can accommodate up to 5 cars.

- Manufacturing facility is around 800 sq ft (2 BHK) and monthly rent is approx. INR 26,000.

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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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