Established Watch Retailer Raising Fund In Salem
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Product / Service
This shop offers a variety of products and services for watches from renowned brands, repairs, battery replacements, resizing, etc.
Clientele type
Individuals who prefer to wear branded watches for themselves, those buying gifts, collectors, and people who need their watches fixed. Customers needing watch repair or maintenance services.
Premises
LEASED
Lease per month (in INR): 50,000
Security Deposit (in INR): 300,000
Carpet Area: 500 sq ft
Asking Price Includes
The terms of transaction will be discussed with potential investors.
Reason
They are raising funds to increase their inventory and enhance their marketing capabilities.
Other Details
They started this business in 1979. This business enjoys a prime location in the city center, offering huge potential for growth.
With a notable 70% margin on products when services are isolated, which reaches approximately INR 2.5 lakh per month. Now they want to raise funds to buy more inventory and improve their market position.
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₹10 to ₹200 Cr
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