Men's Apparel Store Investment Opportunity in Dhaka, Bangladesh
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | USD 27 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Men's Apparel Stores |
Locations | Dhaka |
Local Time | 7:11 AM Asia / Dhaka |
Listed By | Business Owner / Director |
Status | Moderately Active |
- The brand is currently operating small scale with its only retail outlet that sells its own branded designer outfits. Also exporting men’s wear such as shirts, t-shirts, polo shirts, denim, twill and chinos, etc.
- Currently we design mostly shirts and Punjabis under our brand and have a tie-up with some manufacturing units for the production process, and we are planning to start producing other lines soon. Along with that we have got 10-12 suppliers from whom we procure other inventories.
- We have decided to come up with a new look along with a new ‘brand positioning’ that will offer strategic range of prices towards two significant targeted segments of the market.
- Besides of introducing other lines of men’s wear under this brand, we will also start selling multiple lines of ladies wear as well. Based on the interim period findings we are also going to introduce some new segments such as plus-sized, classic, signature, etc. lines, while adding some essential fashion accessories in our offering.
- To enter into the growth phase we are aiming at buying a 500 Sq. Ft. roadside commercial space inside a shopping zone to setup our 2nd outlet. This way we can minimize the operational expenses and get some significant depth for the business. Besides of this, we need to strengthen as well as diversify the production line and the inventory cycle in a way so that we can offer franchisees and export our merchandise abroad, besides of getting seasonal shopping advantage. And this investment will mostly help us to achieve these.
- Though recently we have started selling online in a very small scale through it’s Facebook store and it is already covering 30% of total sale, so we are planning to start 360-degree online sales through our owned e-commerce platform with more lines of product. Our current shop is located in a corner of a rising fashion hub and we receive a daily footfall of 25-30 customers.
- Business owned assets including security money, stocks, interior furnishings, and other equipment. And Promoter has 4+ years of industry experience.
Sells its own branded designer outfits (mostly shirts and Punjabis), besides of retailing some exporting brands men’s wear such as shirts, t-shirts, polo shirts, denim, twill and chinos. We are also planning to introduce other lines of Men’s wear under our own brand besides of introducing the Women’s wear section.
Rented a 220 sq ft shop in the corner of a rising fashion hub. We pay a monthly rent of BDT 40,000 and paid a security deposit of BDT 7,00,000 for the property.
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Earlier than 15 daysStudent, Bachelor Of Engineering, Dallas, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Textile, Dhaka, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Dubai, Financial Consultant connected with the Business