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Men's Apparel Store Investment Opportunity in Chennai, India

Apparel retail business with 2 showrooms of 14,000 square feet in Chennai seeks a partner.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.3 million
Run Rate Sales USD 1.7 million
EBITDA Margin 40 %
Industries Men's Apparel Stores + 1 more
Locations  Chennai
Local Time 11:16 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.18 million for 60.0% stake (Native Currency: INR 100,000,000)
Reason: To clear the debt of INR 7 crore and to open 2 more outlets soon. We are willing to sell the majori... View More
Includes physical assets worth USD 590 thousand
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Business Overview
Family showroom for kids, men, and women.
- Business has 2 retail showrooms of 14,000 sq ft.
- We mainly sell branded products procured from different parts of India.
- We receive 150-200 daily walk-in customers from both stores. This almost doubles during the festive seasons.
- We require fewer permanent employees as we hire more based on the season.
Products & Services Overview
Family retail shop for all kinds of clothes for kids, men and women.
Assets Overview
Stocks of 2 outlets.
Advances of INR 70 lakh.
Store set-up and interiors of 2 outlets.
Facilities Overview
Two rented showrooms in KK Nagar. One is 10,000 square feet and the other one is 4,000 sqft.
Capitalization Overview
INR 10 crores invested in this business so far.
We have INR 7 crore loan from banks.
Business has a single owner.
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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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