Listing Details : LB-15773

Asking Price 1.6 Crs
Turnover 2.5 Crs
Legal Entity Proprietorship
Category Retail
Sub Category Garment Showroom
Business Listed By Business Owner

Overview

A well-established chain of innerwear garment stores for men, women, and kids, located in Chennai, Tamil Nadu, is now available for sale. The business operates through three strategically located outlets with areas of 500 sq. ft., 500 sq. ft., and 275 sq. ft., catering to a diverse customer base. The brand has strong ties with 8-9 prominent innerwear brands and is a distributor for one of India’s leading brands in the category. The business maintains a healthy financial profile with gross margins ranging between 30-40% and net margins of 10-15%, ensuring consistent profitability. Assets and inventory worth ₹80 lakhs are included in the sale, offering a solid foundation for the new owner to build upon. All outlets operate on rental premises, making the transition smooth and hassle-free. This is an excellent opportunity for investors or entrepreneurs looking to enter the retail fashion market or expand their existing operations with an established and profitable chain in a high-demand sector.

Year of Establishment

2022

No. of Employees

6

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Leased

Rental per Month

90 Thousand

Describe Property

N.A

Competition / Market

No competition as it as an mutlibranded innerwear store as it has all streams of customers even though company exclusive stores are coming it won't affect any of our business.

Products & Services

We deal with all prime and well known brands in innerwear market.

Growth Potential

Very good in long term.

Reason For Sale

We are having multiple streams of business so we are focusing mainly on it

Financial Details

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