Trendy Fashion Brand Raising Funds For Expansion In Lucknow
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About Business
It is a fashion brand founded in 2017 and has become synonymous with ethnic wear. In 2018, it opened its first exclusive store, offering a blend of designer apparel and elegant fashionwear that celebrates the Indian woman's contemporary lifestyle.
Clientele type
From a single store, this women's fashion brand now achieves an impressive monthly sales volume of 6 lacs.
Their clientele spans a wide spectrum, serving women of all types, from diverse backgrounds and style preferences, making it a go-to destination for fashion enthusiasts seeking a blend of elegance and trendiness.
Premises
Presently, they operate five proprietary stores while extending three to franchisees.
They boast a strong presence with three flourishing stores in Jaipur and an impressive tally of five in Lucknow, catering to a diverse customer base in these vibrant cities.
Asking Price Includes
In return for an investment of 5 crore, they are willing to provide a 10% ownership in the company.
For those interested in obtaining a franchise for their store, the franchise fee is set at 12 Lacs.
Reason
They are currently in the process of raising funds to facilitate the opening of new brand outlets and stores, further expanding their presence.
More Details
In order to secure a franchise with them, a 12 lacs deposit is required. Upon deposit, franchisees receive an allocation of stock and are entitled to a 30% share of the sales they generate.
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₹10 Cr to ₹200 Cr
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