Franchise of Van Heusen, Louis Philippe, Allen Solly at Pune's Prime

6 months ago Pune, India Ad Views:173 Ad ID: 3609

Additional Details

  • Ad ID3609
  • Posted On6 months ago
  • Ad Views173
  • Price15,000,000 ₹

Description

Franchise of Van Heusen, Louis Philippe, Allen Solly for Sale at Pune\'s Prime Location.

Products/Service

Garment store of Van Heusen,Louis Philippe,Allen Solly

Clientele Type

Upper middle class people mostly visit

Premises

In total there are three showrooms
All of them are on rent
INR1,50,000,INR1,60,000,INR1,15,000 are Per Month rent
Carpet area of 3 showroom are 1000-1200Sq Ft Approximately
Rent deposit of all three store is INR15,00,000
Lease is for 5 years

Asking Price Includes

All 3 stores interiors,stocks, all the deposits

Reason

I have too many operational stores to manage. Hence selling of 3 of these stores at an actual price

Other Details

This business was started in January 2020.
Per month average sale of showroom is INR22,00,000
Per Month expenses of each store is INR2,00,000
38% profit margin is given on the sale from the franchise company
Furniture and fixture of all the 3 showroom cost me INR87,00,000
INR47,00,000 is taken by franchise as a stock deposit(8% return is given every year on deposit)
Entire stock is provided by company, no stock investment is needed.
All showroom are on main road, its a busy street

Location

3609