Apparel Store Investment Opportunity in Phaltan, India
Established | 20-30 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 410 thousand |
Run Rate Sales | USD 267 thousand |
EBITDA Margin | 40 % |
Industries | Apparel Stores |
Locations | Phaltan |
Local Time | 3:45 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Experience daily sales in the range of INR 90,000 - INR 1,00,000 and that amount increases slightly on weekends along with an average daily footfall of 50 customers. This was the situation prior to the pandemic. Run rate sales fell by over 30% - 40% due to the ongoing pandemic. We display over 12,500 units on average at our retail store.
- Currently, we sell over 20-30 brands with some popular brands like Pepe Jeans London and Monte Carlo. In the future, we plan to add an additional 6-7 popular brands to our current portfolio for instance: Blackberry.
- We have a 10,000+ organic customer base in the local market and are extremely popular in the locality.
- We are placed in an emerging market. Additionally, we have also taken a franchise opportunity of a premium and popular Indian footwear brand.
- Additionally, we are also increasing our online presence, and are shifting our focus to solar energy and will start a mini food cafe within the retail shop. This cafe will sell Indian snacks.
- Usually, we have over 6-7 permanent employees working at the store and hire over 15-20 employees on a seasonal basis during popular festivals like Diwali.
- Primarily, we rely on word-of-mouth promotion since the shop is well-established.
- We understand the market with the owner having over 20 years of experience in this industry.
- We have awesome relationships with our customers and are the preferred location in the market for branded apparel vendors.
Additionally, it has a parking space for 2-4 cars and a food corner.
We own the entire facility.
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Earlier than 15 daysInvestment Associate, Mumbai, Business Broker connected with the Business