1. Businesses
  2. Retail/Wholesale
  3. Tamil Nadu
  4. Chennai
  5. BB002067
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Established Jewellery Brand for Sale in Chennai

Listing ID: BB002067
Posted By: Third party
Last Active: 1+ year ago
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About Business

This Chennai based brand was founded by a journalist in 2002. It gives a global platform for ancient Indian jewellery and crafts made by rural artisans. The company has presence across Tamil Nadu, Kerala & Karnataka. It creates a social impact by supporting Self Help Groups to showcase their creation under a brand label. There are a wide range of products ranging from Jewellery (Earrings, Bangles, Necklace, Anklets, etc.), Bags, Crafts, Gift articles, etc. The products are sourced from various suppliers throughout the country in order to maintain the uniqueness of the designs. The business followed a Store-in-Store (SIS) model initially and gradually shifted its presence to retail outlets. Today the business has 7 stores across Tamil Nadu, Kerala & Karnataka. There are about 35,000 loyal customers including few film stars and celebrity customers. The company has achieved a turnover of close to INR 3 Crores in FY 2015-16. The company expects a consideration of INR 7 Crores for 100% buy-out.

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Keywords

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Business Tags

Profitable

₹10 to ₹200 Cr

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Before buying a Established Jewellery Brand for Sale in Chennai, check:
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  • Sales, profitability, and cash flow of the business should be considered
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  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
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  • 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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