Business Overview
- Business specializing in selling women's sarees, salwar, kurtis.
- Silk cotton sarees and Bananapith sarees are our business highlights.
- We have both online presence across the globe through our e-commerce platform and offline presence by our repeat walk-in customers at our store.
- On a daily basis, we receive 10-12 walk-in customers.
- Our online sales are less at the moment as it was started recently.
- There is no other boutique within a 10 km radius.
- Brand has a YouTube channel specific to business and has grown to 40k subscribers.
- Last year's revenue and growth rate are slowed down due to Covid.
- Business has a single owner and has no liabilities.
- E-commerce platform has been developed in house.
- We purchase products from different manufacturers in South India.
Products & Services Overview
Sarees: Silk cotton, silk, cotton, banarasi, fancy, georgette, Kanchi silk.
Kurtis of all sizes.
Capitalization Overview
- The shop has been operated by a single person.
- Self-funded actively running a business and there are no debts/loans outstanding. No outstanding nor credit purchase from any of the suppliers.
Assets Overview
2 split ACs, 2 small wall fans, 2 tables, 14+ wooden shelves, stock of sarees, kurtis, wooden hangers, carpets, customized royal cash counter, BPL TV 32", inverter, battery, 6+ mannequins, lights, 4 chairs, 1 trail room mirror and misc items.
Full Sale
Asking Price:
USD
13 thousand
(Native Currency: INR 1,200,000)
Reason: Relocating to the Middle East.
Includes physical assets worth
USD
10.8 thousand
Interested to connect with advisors
In talks with 3 Investors