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Listing ID: 2944278

Divestment of Partial Stake in a Successful Chain of Exclusive Brand Stores For Sale

Madras, Tamil Nadu, India

not disclosed

(Furniture / Fixtures and Inventory / Stock included)

Revenue: INR 5m & above

Cash Flow: not disclosed

Business Description

Ours is a 15 year old Chennai based organisation which is diversified in to manufacturing, trading, organised retail and education domains. We represent many of the marquee brands in every line of business that we are engaged in. The divestment proposal is for our Organised retail division, which is essentially to fund expansion. We already have 8 successfully run stores and have mandate for another 6 stores to be opened in the next year. All our stores are located in the high potential south chenai area and the new stores are also planned there.

We are looking for a partner with aligned thought process who can help us gain further momentum in the exciting journey. Its a separate company and the current topline is around Rs.7 crores per annum. The profit margins are healthy. The stake proposed to be divested is 25-40%.

Please contact us for more details.

Property Details

Size:

multiple stores

Years Established:

15

Property Type:

Lease

Other Details

Business Location:

stores are located in south Chennai area

Premise Details:

Each store has a vantage location with good frontage and parking

Expansion Potential:

Very good. Top line can double every 3 years.

Operation Details

Employees:

20

Miscellaneous

Reason For Selling:

its only a stake divestment..for expansion

Contact this seller

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