Listing Details : LB-20379

Asking Price 52.5 Lacs
Turnover 98 Lacs
Legal Entity Proprietorship
Category Retail
Sub Category Footwear
Business Listed By Representative

Overview

Business Overview - Men's and Women's footwear retail store. - Receives about 5-7 daily walk-ins in the store. - Controlled operational costs help us maintain a high profit margin. - The business promotes itself online through its Brand M&A and store's online pages. - The business has a partnership deed and GST Certificate. - Buyer has an opportunity for complete takeover and can continue operations from the same shop. They will get our brand name as well. Tangible assets include product stock and all the furniture and fixtures in the outlet. - Rented shop is at the ground floor. - The total monthly rent is INR 90 thousand. - The total built-up area is 1000 sq. ft. - Security deposit of shop is INR 5 lakh (deposit is included in the asking price of the business) - The shop is located in the Basaveshwara Nagar locality. Capitalization Overview - The business has single partner. -Last year had a turnover of 98,000,00. -Profit Margin is 35-38 %.

Year of Establishment

N.A

No. of Employees

2

Current Status of Business

Running Profitable

Business Relocatable

N.A

Property Type

Leased

Rental per Month

90 Thousand

Describe Property

N.A

Competition / Market

Footwear Companies

Products & Services

Footwear Retail

Growth Potential

10% increase in revenue every year

Reason For Sale

Owner has other businesses, so doesn't get time to spend on this business.

Financial Details

Listing Details : LB-20379

Asking Price 52.5 Lacs
Turnover 98 Lacs
Legal Entity Proprietorship
Category Retail
Sub Category Footwear
Business Listed By Representative

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