Need help?

Apparel Store for Sale in Secunderabad, India

For sale: Secunderabad-based well-established readymade garment showroom with loyal customers and potential for growth.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 106 thousand
Run Rate Sales USD 106 thousand
EBITDA Margin 40 %
Industries Apparel Stores
Locations  Secunderabad
Local Time 6:54 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 177 thousand (Native Currency: INR 15,000,000)
Reason: The owner wants to focus on another business and is unable to run this store due to personal reasons... View More
Includes physical assets worth USD 177 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- The business operates as a readymade garment showroom for women's wear, sarees, kids' wear, and men's wear in the apparel stores industry, located in Secunderabad, Telangana.
- With a team of 8 employees, the business serves an average of 20+ customers daily, indicating a steady flow of foot traffic and potential customer base.
- Average ticket size per customer ranges from INR 1.5K to 2K, showcasing a moderate to high spending pattern among the clientele.
- Business has established ties with over 60 wholesalers for sourcing products, underscoring a well-networked and diversified supply chain, which could be a leverage point for future expansion or strategic partnerships.
- A notable 60% of customers are repeat visitors, indicating a loyal customer base and potential for customer retention strategies and brand loyalty initiatives.
- Business's location in Malkajgiri, Telangana, presents an opportunity for local and regional market penetration, potentially tapping into the surrounding customer base and community.
- The company has all the necessary licenses and certifications.
Products & Services Overview
The business's top-selling products include:
- Kids wear, men's, and women's wear ranging from ethnic to casual wear.
Assets Overview
Tangible assets: stock worth INR 1.3 crore and the store set up and furniture worth INR 60 lakh.
- Security deposit worth INR 5 lakh.
The above assets are worth INR 1.95 crore but the owner is giving it a discounted price of INR 1.5 crore.
Facilities Overview
The business operates from a rented facility of area 2,500 sq ft, located on the ground floor in Malkajgiri, Secunderabad, and incurs a monthly rent of INR 1 lakh.
Capitalization Overview
The business operates on its own funds, stock purchases on a credit basis that amounts to INR 18 lakh which will be cleared before the sale of business, and the business has 2 partners with a 60:40 stake.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
4 Buyers viewed this Business this week. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more