Luxury Marketplace With 1k+ HNI Clients For Sale In Delhi
Product / Service
They operate as a high-end online marketplace, offering a global selection of exquisite Indian designer garments. Their unique model allows them to maintain profit margins ranging from 30% to 40% without the need to hold any inventory or deal with the challenges of stock management.
Clientele type
They have formed partnerships with over 60 prestigious brands and cater to a discerning clientele of more than 1,000 high-net-worth individuals. Additionally, our subscriber base exceeds 3,000, and their average order value stands at an impressive 14,000.
Premises
LEASED
Lease per month (in INR): 5,000
Security Deposit (in INR): 10,000
Carpet Area: 250 sq ft
Asking Price Includes
For the asking price of INR 60 Lakhs they will offer a clean debt free company. They will also be present for handholding period of 6-12 months.
Reason
The promoter recently lost their father and due to other family responsibilities they are not able to take care of the business and would like to exit the business.
Other Details
The luxury market in India is currently witnessing robust growth, characterized by an influx of foreign brands entering the market. Indian designers, celebrated for their exceptional craftsmanship in both Western and traditional styles, are poised for significant success in both domestic and global markets.
A rising trend among customers is the demand for personalised silhouettes tailored to their individual body types and preferences, a need that our platform is uniquely equipped to satisfy.
As for the business operates on order basis and it has a roster of 60 brand partners. The operations and website maintenance are managed by a dedicated team of two individuals since its inception in 2020. Over the course of the business's existence, it has achieved a total revenue of INR 75 lakhs. The business envisions immense potential for growth and triumph within the luxury fashion market.
Business Tags
₹10 to ₹200 Cr
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