INR 3.5 Cr
Ad ID: 1589
Added: September 9, 2019
Sale Price: INR 3.5 Cr
Condition: Brand New
Reason for Sale/Buy/Lease: Partners are looking to retire and are looking to pass on healthy business for potential growth
Stake Sale %: 100%
Established Since: 1980
Fixed Assets: INR 75 Lakhs
Employees Size: 10
Annual Sales: INR 3.8 Cr
OPM(Operating Profit margin) %: 25-30%
Building Rent: Self-owned Space
Business Entity type (Pvt, Public, LLP): Partnership Firm
After sales Support & Training: Partners will give a hand-holding period of 6-9 months
Interest (Loan repayment): N/A
– Our client is into premium retail optics business wherein they have in-house optometrists who check the vision of patients and based on their lifestyle and budget a wide selection of frames and lenses are offered to them.
– They deal with over 20 good domestic brands as well as popular international brands such as Vogue, Carrera, Elle, Espirit, Boss, Burberry, and Versace.
– Based out of a prime locality surrounded by a complete shopping arena they have clients from various walks of life such as architects, builders, IT and the general public.
– Our Client commands a strong relationship with their vendors who reward them with good trade discounts and high-profit margins.
– The company’s physical assets include receivables, deposits and does not include the company’s showroom.
– The firm is currently not looking to sell the showroom and the investor would receive the list of vendors, clients, and a recognized brand.
BID Stats : 0 Bids posted on this ad