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Footwear Store for Sale in Haryana, India

For Sale: Jhajjar shoeshop with the association of the brand and more than 2,000 clients.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 40 - 50 thousand
Run Rate Sales USD 50 thousand
EBITDA Margin 40 %
Industries Footwear Stores
Locations  Haryana
Local Time 1:37 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 43 thousand (Native Currency: INR 3,200,000)
Reason: The promoter is seeking to sell the business due to a personal family issue.
Includes physical assets worth USD 43 thousand
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Business Overview

- Our business is associated with a branded shoe franchisee.

- We sell branded shoes, bags, belts, clutches, socks, shoe polish wallets, and others.

- Business has served more than 2,000+ customers.

- We have 50+ customer walk-ins every day.

- The promoter has 4 years of experience as a franchise business reseller.

- Business total sales since inception have been in the range of INR 1.2 to 1.4 crore.

- As a result of Covid-19, our franchise has created an online application that accepts shoe orders for safety reasons.

Products & Services Overview

Kids, ladies, men's shoes, bags, and all non-footwear accessories like belts, clutch, socks, polish, etc.

Assets Overview

All furniture, fixtures, seating chairs, computer accessories, CCTV, mirrors, and water purifiers.

Facilities Overview

Two floors of 900+ sq ft, each, with a total rent of INR 24,000 per month. The lease is for 10 years which can be extended.

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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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