Franchise Store of India's Biggest Baby and Kids Brand for URGENT Sale in Chennai
Product / Service
This Sole Proprietorship business is operational since 2014. This is a profitable franchisee outlet of India's biggest baby and kids retail brand and the outlet continues to enjoy a strong clientele, stable revenues and consistently positive cash flows. Buyer will benefit from low risk immediate returns and high upside potential. Operations continuing to run smoothly with well trained and loyal staff, highly supportive franchiser, requiring limited management bandwidth as well. Low risk even for first time entrepreneurs. Revenue upside potential is significant if buyer is willing to invest more time.
The outlet is located in a very prime locality of Chennai. Monthly rent is INR 55000. Premise area is 1200 sq.ft. and employees working are 4.
Turnover for FY 2017-18 was INR 90 lakhs and net profit margin is 13%.
Asking Price is INR 45 lakhs. (Negotiable) (includes complete set up, stock INR ~28 lakhs , rental deposit INR 4 lakhs and ACs, furniture and fittings worth INR 20 lacs and all the existing assets to operate the showroom. Zero liabilities, High ROI with very good upside.)
Clientele type
families with babies and kids
Premises
Leased 1200 sq ft with 4 lacs rental deposit
Asking Price Includes
Stock, rental deposit, showroom furniture, fittings and appliances
Reason
Pursuing different professional commitments. Unable to allocate time.
Other Details
Running business generating cash flows - Immediate returns guaranteed
Business Tags
₹10 to ₹200 Cr
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