India's Leading Fashion Lifestyle Footwear Private Label Brand with High Growth Potential and Robust Margins
About Business
Founded in 2011, They are India’s Leading Casual Footwear brand that makes high quality footwear and sells it directly to the consumer at a value price. It is the leading player in the lifestyle footwear (apparel & accessories) market, predominantly selling through online distribution channels.The gaps in the Indian footwear market (good quality at great prices) & the tremendous growth potential of ecommerce led to the genesis of the business & its rapid growth so far.Successful Online Sales Channels Pan India - Sales spread across 2,300+ cities, towns etc.
100% of the revenue driven from digital channels. This makes it cost effective and easy to scale.
They are passionate about building the best footwear in the game at the best price and is disrupting the industry. The brand has the ability to deliver a fresher product, faster at a better price.
The Promoter has 25 years of extensive experience & founded the company.
Asking price is INR 7 Cr.
Reason
Promoter's legal heir have started a new IT business. This has resulted in loss of management focus and bandwidth to boost the company.
Keywords
₹10 to ₹200 Cr
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