Sold

Products/Service

This profitable business was started in 2015. It is aesthetically built and has beautiful interiors. This is one of the most elite ladies apparel stores in Bhopal. There is not much competition in this segment and hardly 2-3 stores in Bhopal could match up to the quality and brand name of this business. They have a collection of Indo western, Ethnic, Gowns, Bridal Suits, Lehengas etc. They only did some marketing, in the beginning, presently most of their business is through word of mouth publicity. They have some high profile clients in the city and a lot of regular clients.
The area of the store is around 1200 sq.ft with a monthly rent of INR 50k. There are 6 people currently working here including tailor for alteration purposes. The promoter is also actively involved with all the aspects of the business. All the apparels are designed and manufactured by the promoter themselves. The Manufacturing is done in a separate workshop.
The revenue of the last year is INR 18 Lakhs approximately with a profit margin of nearly 25-30%. Since the promoter wants to dedicate their time only in designing and manufacturing so they are thinking of selling the retail business off. They are not interested in selling their brand name. The Asking Price is INR 55 Lakhs(With stock) and INR 35 Lakhs(Without stock)(Negotiable)

Reason

Wants to devote time to designing only

You may also like