1. Businesses
  2. Retail/Wholesale
  3. Tamil Nadu
  4. Vellore
  5. SL005461
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Bags and Luggage Retail Store for Sale in Vellore, Tamilnadu

Listing ID: SL005461
Posted By: Owner
Last Active: 1+ year ago
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About Business

The running business started in the year 2017, The retail store sells verity of bags. The promoter is shifting to manufacturing side so he will not be able to mange the retail shop. The store premise is on lease and monthly rent is INR 10,000. Total area size of the premise is 150 Sq ft. Current stock value is around INR 7 Lacs. Avarge montly sale is between INR 60,000 - 70,000. Net profit margin is around 60%. The asking price of the business is INR 2.8 Lacs.

Reason

Moving into Manufacturing full..could not able to maintain Retail shop

Keywords

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Business Exit for ₹10 Cr – 200 Cr

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Before buying a Bags and Luggage Retail Store for Sale in Vellore, Tamilnadu, check:
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  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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