1. Businesses
  2. Retail/Wholesale
  3. Uttar Pradesh
  4. Varanasi
  5. SL023098
Edit Alert

Well-Established Footwear Business Raising Funds In Varanasi

Listing ID: SL023098
Posted By: Owner
Last Active: 2+ months ago
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About Business

This is a well-established retail footwear business operating since 1978 in Varanasi, Uttar Pradesh. The business runs two stores in Varanasi, catering to a wide customer base including men, women, and children.

Clientele type

The customer base includes walk-in customers, families, corporate clients, and others.

Premises

Store Details:

Store 1: 6,000 sq. ft., Rent – INR 1.67 lakhs/month, Security Deposit – INR 5 lakhs

Store 2: 6,000 sq. ft., Rent – INR 1.90 lakhs/month, Security Deposit – INR 10 lakhs

Asking Price Includes

The terms of the transaction will be discussed with the potential investors.

Asking Price

INR 35.00 L

Minimum ticket size

INR 25.00 L

Reason

The owner is looking to raise funds to expand operations and open a new store in Bangalore.

More Details

The business has a team of 22 employees.

Keywords

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Business Tags

Well Established Footwear Business Raising Funds In Varanasi

₹10 to ₹200 Cr

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Before buying a Well-Established Footwear Business Raising Funds In Varanasi, check:
  • Growth prospects of the industry and business
  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

The business opportunity is posted either by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published.

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We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.

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Yes. Once connected, you can negotiate:
  • Deal structure (cash, equity, mix)
  • Transition timeline
  • Support during handover
  • Final consideration based on due diligence

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