Men's Apparel Store for Sale in New Delhi, India
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 47 thousand |
Run Rate Sales | USD 424 thousand |
EBITDA Margin | 0 - 10 % |
Industries | Men's Apparel Stores |
Locations | New Delhi |
Local Time | 8:32 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- We have a total of 12 stores across Delhi NCR and Jaipur.
• 4 stores in Delhi NCR are on a COCO model.
• Rest 8 stores operate in a mix of FOFO and FOCO model.
- We take 70% of the total store sales as royalty.
- All stocks, branding, marketing, and training support in the franchise stores is provided by us.
Our menswear retail business was established 11 years ago as a proprietorship. 2 years back, we created a brand, adopted a franchise model, and then incorporated ourselves as a private limited company 2 years ago. The sales have a high jump because the earlier sales figures are pre-franchise.
Top-selling products are the shoes, blazers, and casual shirts.
- Each store has stock of about INR 20-25 lakh (total value of INR 2.7 crore).
- Furniture and fixtures of about INR 10 lakh in each store (total value of about INR 1.2 crore).
Intangible assets:
- Brand name.
- Highly favourable franchise agreements with 8 stores.
10 stores are in Delhi NCR, while 2 are in Jaipur. Our total monthly rental expenses for the 4 COCO stores is INR 13 lakh.
- Completely self- funded business.
- The company has three shareholders.
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Earlier than 15 daysDirector, Clothing, Delhi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Frisco, Financial Consultant connected with the Business
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Earlier than 15 daysAssociate, Financial Services, Los Angeles, Individual Investor / Buyer connected with the Business