1. Businesses
  2. Retail/Wholesale
  3. Tamil Nadu
  4. Chennai
  5. SL007308
Edit Alert

Well running Multi-Brand Retail Footwear Showroom in Chennai is looking for a Partner

Listing ID: SL007308
Posted By: Owner
Last Active: 1+ year ago
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About Business

Multi Brand Footwear, Shoes, Sandals, wallets, Belts

Clientele type

Retail, walk in clients

Premises

A rented property with an area of 1800 sq ft located at Velachery with Busy Market nearby. Monthly rent of INR 35,000 with No security deposit

Asking Price Includes

50% Share in the business

Reason

One of the Partner is Moving Abroad

More Details

Worth of Items: Inventory- INR 50 Lakhs and No Deposit
4 trained salesmen available
Daily Footfall: 25-30 People
Monthly Sales: INR 6-8 Lakhs
The Prices are comparable to outlets of well-known brands. Customers have a variety of brands to choose from
Future plan: One partner wants to exit and a new partner can discuss future plans with the other partner
Asking price is INR 50 Lakhs (negotiable)

Keywords

Shoes business opportunities in Chennai , Franchise opportunities in Chennai , Shoes business investment in Chennai , Shoes business opportunities , Business opportunities in Chennai

₹10 to ₹200 Cr

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To connect with the owner of this Well running Multi Brand Footwear Show room in Chennai Velachery prime area partnership transfer for 50 Lakhs minimum returns 50k per month:
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  • Connect with the business owner directly
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Before buying a Well running Multi Brand Footwear Show room in Chennai Velachery prime area partnership transfer for 50 Lakhs minimum returns 50k per month, 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.

We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity may be put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks.

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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If you have any queries or need help, our team is here for you. You can email us at [email protected].

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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