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Footwear Store for Sale in Bangalore, India

For sale: Bangalore-based reputed footwear store for men, women, and children with 14 brand associations.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 37.4 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 40 %
Industries Footwear Stores
Locations  Bangalore
Local Time 12:18 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 84 thousand (Native Currency: INR 7,200,000)
Reason: The promoter wishes to sell the business due to last year's revenue losses.
Includes physical assets worth USD 77 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
GST Certificate
Business Overview
- Our business is in the shoe retail business in Bangalore.
- Business has brand associations with 14 companies like PUMA, Adidas, Woodland, Egoss, and many more to source the products.
- Pre-covid our business had 40 to 50 customers walk-ins every day.
- Due to covid lockdown, our business suffered with loss of revenue sales last year.
- On average, the business receives around 15 customers every day.
- Currently, the business has an inventory worth INR 16 lakhs.
- We are a family business with a combined experience of 32 years in the shoe retail industry.
- The business has been awarded as the best stock purchasers.
- Our business has not taken any kind of business loan and does not have any outstanding balance so far.
- The promoter holds 100% shares of the company.
Products & Services Overview
The complete family footwear shop with a wide range of men's women and kids range.
Assets Overview
Shoe store interior, furniture, 2 computers, billing machine, scanner, 4 air conditions, fixtures, 6 CCTV cameras, shoe stands, and inventory.
Facilities Overview
We operate in a 1,800 sq ft built-up area of 4 floors. The rent is INR 82,000 per month.
Capitalization Overview
Not Disclosed
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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