Newly Established Soft Furnishing Store Investment Opportunity in Coimbatore, India
Established | 0-1 year(s) |
Employees | < 2 |
Legal Entity | Other |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Furniture Stores + 1 more |
Locations | Coimbatore |
Local Time | 9:26 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- We are setting up a premium retail outlet inside a well-known shopping mall in Coimbatore.
- This is a franchise of a reputed brand with over 64 stores across India.
- We have an LoI with the brand and exclusive rights for the Coimbatore region.
- Our business is yet to be registered and it will be registered as a private limited company soon.
- Franchise agreement has to be renewed every 5 years without any extra pay.
- We will set up a 1,500 sq. ft. showroom once the lockdown is lifted completely. Space is already finalized with the shopping mall leasing authority.
- The mall receives an average footfall of approx 45,000 during weekends.
- LOI and supporting documents will be shared in person after connection.
- Expected sales per month as per the existing stores of this franchise is INR 25,00,000 with 30% EBITDA.
- The images shown above are of a Chennai store of this brand, and an inside view of Brookefields mall in Coimbatore.
Retail sale of home decor, soft toys, day to day needs, kitchen ware, personal care, stationaries, kitchen organizers and gift items of a familiar and successful franchise brand.
The business does not have any physical assets at the moment. We will soon spend INR 50-60 lakh on retail product inventory, computers, racks, ACs, interiors, franchise rights, shopping mall space, and contracts.
We have finalized a lease space of 1,500 sq. ft. in Coimbatore's biggest and reputed shopping mall - Brookefields.
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Earlier than 15 daysProgram Manager, IT, Coimbatore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMD, IT And Industrial Trading, Riyadh, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysRegional Marketing Head, IT, Coimbatore, Individual Investor / Buyer connected with the Business