Bag Retailer Investment Opportunity in Virar, India
Multi-brand retail showroom specializing in trolley bags, backpacks, and leather accessories, serving travelers and professionals.
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 125 thousand |
| Run Rate Sales | USD 118 thousand |
| EBITDA Margin | 30 % |
| Industries | Bag Retailers |
| Locations | Virar |
| Local Time | 11:09 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
29 thousand
for
30.0%
stake
(Native Currency: INR 2,500,000)
Reason: Seeking INR 25 lakhs investment immediately to pay advance to open a new branch. Investor gets up to...
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Includes physical assets worth
USD
92 thousand
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Business Overview
- Operating for six years, the multi-brand retail showroom in Virar specializes in trolley bags, backpacks, and leather accessories.
- Attracts 60–100 customers daily, reflecting strong market demand.
- Competes with established brands like VIP by offering a diverse product range.
- Utilizes SEO and digital marketing.
- Operates holding GST and MSME certifications for credibility.
- Operates efficiently with minimal staffing; one permanent employee manages daily operations, supported by an additional employee on a rotational basis. The business structure does not require a large workforce, as all activities are handled within the store. Given the high per-customer ticket size, two employees are sufficient to manage operations effectively.
- Plans to leverage high foot traffic near station areas to boost sales and brand visibility.
- Attracts 60–100 customers daily, reflecting strong market demand.
- Competes with established brands like VIP by offering a diverse product range.
- Utilizes SEO and digital marketing.
- Operates holding GST and MSME certifications for credibility.
- Operates efficiently with minimal staffing; one permanent employee manages daily operations, supported by an additional employee on a rotational basis. The business structure does not require a large workforce, as all activities are handled within the store. Given the high per-customer ticket size, two employees are sufficient to manage operations effectively.
- Plans to leverage high foot traffic near station areas to boost sales and brand visibility.
Products & Services Overview
- The top selling goods include trolley bags, backpacks, and leather accessories.- Customers include daily commuters, travelers, working professionals, and students.
Assets Overview
The tangible assets owned by the business include:- Stock of bags worth INR 70 lakhs.
- Shop infrastructure worth INR 10 lakhs.
Facilities Overview
The business operates its current branch from a 600-700 square feet rented facility in virar.
Capitalization Overview
The business is owned by the sole owner.There is an outstanding business loan of INR 16 lakhs from NeoGrowth, the loan will be closed in the next 2 years.
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