Luxury Apparel Retailers for Sale and Investment Opportunities in Chennai

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Luxury Apparel Retailer for Sale in Besant Nagar, India

Chennai based multi-designer concept store that's served 3,000+ clients and sells fashion, accessories, home-decor etc.
- Retailer of apparel (both menswear and womenswear), art, bags, beauty accessories, furniture, jewelry, lifestyle accessories, shoes etc. We are retailers of apparels from popular designers such as Code Deco, Anushree Jain, Darya London, Arjun Saluja etc. Our products are creative and rare. - We also host interesting discussions and workshops at our store, to keep our clients and customer base engaged. - Our run rate sells fell by over 80% due to the ongoing pandemic. Retail shop is functioning on an appointment basis currently. - Prior to the pandemic, we received over 10 - 15 customers on a daily basis. - We have served over 3,000 plus clients till date. Our business primarily caters to the upper class segment of the market. - Physical assets value is high because the property is owned by the promoter. Besides the value of the property, the cost of construction is also included in the transaction. - The business has a gross margin of 35%. We also have have a gross conversion rate of 75% and have succeeded in cultivating a loyal customer base. - The business has managed to build reliable connections and working relationships with over 100 brands and designers. - The promoter also supports emerging talent from all parts of the country. - We have been nominated as one of the top 10 concept stores in India by a popular luxury and lifestyle travel magazine and also as one of the best stores in south India by a well-known fashion and lifestyle magazine. - The brand has a fan following of 19,500 on Instagram and 10,900 on Facebook.
Chennai based multi-designer concept store that's served 3,000+ clients and sells fashion, accessories, home-decor etc.
8.1   Chennai
Run Rate Sales
INR 14.4 lakh
EBITDA Margin
Operating at loss
Business for Sale
INR 2 crore
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