1. Businesses
  2. Retail/Wholesale
  3. Tamil Nadu
  4. Chennai
  5. SL005244
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Bridal Boutique for Sale in Chennai

Listing ID: SL005244
Posted By: Owner
Last Active: 1+ year ago
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About Business

The boutique was started in the year 2016 and is located in a prime area in Chennai. They sell Bridal Jewels, Silk Sarees, Designer Sarees, Wedding Dresses.
Daily footfall is 10-15. The boutique premise is on lease and monthly rent is INR 12,000. Total area size of the premise is 400 Sq ft. There are 5 employees in the boutique. The boutique is well furnished. The boutique has a stock worth of INR 8 Lakhs.
The turnover for FY 2017-18 was INR 18 lakhs and net profit INR 6.6 lakhs. Asking price of the business is INR 15 Lakhs (includes complete set up) (breakdown - Security deposit INR 5 lakhs, Stock/Materials INR 8 lakhs, interior, furniture INR 2 lakhs)

Reason

Moving Abroad

Keywords

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₹10 to ₹200 Cr

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Before buying a Bridal Boutique for Sale in Chennai, check:
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  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • 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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