Listing Details : LB-19996

Asking Price 85 Lacs
Turnover 1 Crs
Legal Entity Proprietorship
Category Retail
Sub Category Garment Showroom
Business Listed By Business Owner

Overview

Two well-established outlets for formal wear, including suits for men's only in Pune is available for sale. Operational for the past 5 years, the 2 retail stores are located in a high-visibility commercial area, each measuring 200 sq. ft. The monthly rent for the entire space is ₹1 lakh (including all maintenance) . The store specializes in a wide range of men's formal wear, suits, blazer's including all formal wears and more. With a loyal customer base and steady footfall, average footfall of 50+ customer every day. It offers an excellent opportunity for anyone looking to enter or expand in the formal men's retail segment. Currently, the store holds ₹10-15 lakh worth of inventory and monthly revenue of 10 lakh, 4% of royalty from profit margin to the brand, ready for continued operations. All fixtures, branding, and vendor relationships are in place, making it a turnkey business for a new owner.

Year of Establishment

2020

No. of Employees

7

Current Status of Business

Running

Business Relocatable

N.A

Property Type

Leased

Rental per Month

1 Lacs

Describe Property

N.A

Competition / Market

yes

Products & Services

formal wear including suits for men's only retail store

Growth Potential

High Growth

Reason For Sale

Personal Reasons

Financial Details

Contact Business