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Apparel Store for Sale in Tiruvallur, India

Acquire a branded apparel franchise of a renowned brand in a prime location.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 304 thousand
Run Rate Sales USD 350 thousand
EBITDA Margin 0 - 10 %
Industries Apparel Stores
Locations  Tiruvallur
Local Time 4:56 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 40 thousand (Native Currency: INR 3,400,000)
Reason: The promoter wants to focus on another venture.
Includes physical assets worth USD 40 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- The apparel retail outlet is strategically located in Tiruvallur, offering attractive rental terms, enhancing profitability potential.
- As a franchisee of a prominent apparel brand with over 500 outlets in Tamil Nadu, the store holds significant brand equity and consumer trust.
- The business employs a team of 9 dedicated staff, ensuring personalized customer service and enhancing shopping experiences.
- The store showcases a diverse product range, including high-demand branded men's wear, women's wear, kids' clothing, and accessories, attracting a broad customer base.
- Operating under a lucrative commission model, the store earns 22% commission on annual sales, increasing with higher sales volumes, optimizing revenue streams.
- Capitalize on the retail outlet's excellent location with less rental burden, providing a strong foundation for sustained business growth.
- Leverage the well-recognized brand's market presence and comprehensive product offerings to drive foot traffic and convert sales in the competitive apparel market.
Products & Services Overview
The business's top-selling products include branded men's wear, women's wear, kids' clothing, and accessories.
Assets Overview
Tangible assets: fixtures, ACs, false ceiling, glass, facade and the entire set up.
Includes a security deposit of INR 12 lakh for the showroom.
The assets are valued at INR 65 lakh and are being sold at a discounted valuation of INR 34 lakh.
Facilities Overview
The business operates from a rented three-floor facility, with each floor spanning 2,000 sq. ft. , plus a 2,000 sq. ft. ground-floor parking area. The monthly rent is INR 2 lakh.
Capitalization Overview
The business has no loans.
Sole proprietorship firm.
The buyer is required to provide a bank guarantee (BG) for the stock.
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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