Listing Details : LB-14151

Asking Price 11.5 Crs
Turnover 5 Crs
Legal Entity Proprietorship
Category Retail
Sub Category Garment Showroom
Business Listed By Business Owner

Overview

A garments retail business based in Firozpur, Punjab is available for sale with two outlets situated as per the prime strategic location in Punjab with the areas of 900 sq ft and 1000 sq ft respectively. The one outlet is on rental basis and the other one is on owned basis. We are operating in the garments distribution particularly of Gents and Ladies apparel in Pan India and along with it, we are also engaged in exporting our garments to Canada, Australia and USA. This retail business is established in 2018 and till now we have total clients reaching to 2 lakhs approximately in number, out of which 60% to 70% are the repeated ones. We have also social media presence through which customer can place an order from anywhere in India. In addition to it, We have stock available of Rs 1.5 crores. The business is very promising and thus the buyer have huge opportunity to run it on a much more bigger scale with higher profitability.

Year of Establishment

2018

No. of Employees

6

Current Status of Business

Running Profitable

Business Relocatable

Yes

Property Type

Leased

Rental per Month

N.A

Describe Property

N.A

Competition / Market

High Competition

Products & Services

Men's wear Women's wear

Growth Potential

Huge opportunity in scaling up the business with some initial capital if the new owner have that vision in mind

Reason For Sale

Relocating to abroad

Financial Details

Listing Details : LB-14151

Asking Price 11.5 Crs
Turnover 5 Crs
Legal Entity Proprietorship
Category Retail
Sub Category Garment Showroom
Business Listed By Business Owner

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