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Women's Apparel Store for Sale in Chennai, India

Established ethnic wear shop with strong sales and projected INR 20 lac revenue this year.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 23.7 thousand
EBITDA Margin 20 - 30 %
Industries Women's Apparel Stores
Locations  Chennai
Local Time 2:09 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 29 thousand (Native Currency: INR 2,500,000)
Reason: The owner is relocating to a different country and is hence looking to sell the business at this poi... View More
Includes physical assets worth USD 28 thousand
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Business Overview
- Established women's clothing retail store, specifically specializing in ethnic wear, catering to a growing market segment interested in traditional attire.
- Location advantage: Strategically located on a main road in Chennai, ensuring high visibility and foot traffic, contributing to customer engagement and sales growth.
- Strong initial performance: Despite being operational for only three months last year, the store experienced significant customer interest and sales momentum, indicating a strong market demand for its offerings.
- Projected revenue growth: The business is expected to generate approximately INR 20 lac in annual revenue this year, showcasing a positive growth trajectory and potential for scalability.
- Customer engagement: Averaging 5-7 walk-in customers per day on weekdays, with numbers increasing to over 10 on weekends, indicating a solid customer base and potential for increased footfall.
- Best-selling products: The store’s Kurti sets are identified as best sellers, reflecting consumer preferences and highlighting a key product line that drives sales.
- Diverse sourcing strategy: Products are sourced from reputable markets including Delhi, Surat, and Bangalore, ensuring a diverse and high-quality inventory that appeals to a wide range of customer preferences.
Products & Services Overview
Successfully running clothing store specializing in ethnic wear for women. The shop has a wide collection of ethnic wear for women made of cotton & silk among others.
Kurti sets are the best sellers at the shop.
Assets Overview
Tangible assets: Furniture, electrical fittings, billing setup, accessories and stock.
Facilities Overview
Operations are run from a 1,200 square feet rented shop, it is located on the 2nd floor and the building has an accessible lift.
Capitalization Overview
There is only one owner who holds 100% of the business and there are no loans at this point in time.
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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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