Company with a Premium Men's Lifestyle brand is looking for Exit
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Product / Service
Men's apparel including shirts and trousers.
Clientele type
Have tie-up with 20-25 top retailers in various districts with yearly order volumes of over INR 10 lakh each. Order expected from 30-40 other retailers in near future.
The company has a screened database of contacts of more than 200 top retail shops for future expansion. Product display, field visit, and sample orders have already been done.
Premises
Working out of coworking spaces and product stored in bommanahalli.
Asking Price Includes
Fresh collection of shirts. The stock value worth INR 15 lakh. Other business collaterals and raw materials around 7 lakhs. total 22 lakhs.
Fully functional premium, responsive, social media integrated, scalable, feature-rich, payment gateway integrated E-commerce portal.
The menswear subscription model can also in integrated.
All brand related collaterals including stationery, packaging, brand guidelines, social media accounts, backend software, E-commerce software and backend, payment gateways, Intellectual property, trademark, business plan, expansion strategy, competitors, growth, hiring portals, vendors, barcoding machines, swatches, packaging materials, posters, banners, promotional materials, glow sign boards, signboards, and any other products related to the brand is part of the investment.
5 software integrated computer systems.
Barcode machine and related products.
Reason
Selling because of health related complication. My family had a huge effect due to covid, & I was diagnosed with critical health issues.
Other Details
A company with a premium men's lifestyle brand is looking for the full sale of the company.
Competitors in a similar product segment are doing business of INR 30 crore+ in a span of 2-3 years. We expected to touch that run rate number in 3 yrs timeline.
Established more than 1 year ago by a team of accomplished designers and apparel businessmen with vast experience in the industry.
Launched at 70th National Garment fair, Mumbai and Bihar Garment fair, Patna, and had a successful launch of the brand.
Before covid, the company was running from Mumbai, but have now shifted base to Bangalore, as most of the menswear vendors of the company are based in Bangalore.
A team led by an acclaimed design entrepreneur who has successfully run 2 design startups. Have immense experience in brand building, digital marketing and have helped launch, scale, and disrupt multiple multimillion-dollar brands in India, the US, and Australia.
We manufacture shirts and trousers from the price range of INR 1,299-2,299 MRP. T-shirts, activewear, and jeans have also been planned for the upcoming year.
Have strong tie-ups with vendors, factories, and job workers.
We procure fabrics and required materials and supply them to contract manufacturers.
Have tie-up with 20-25 top retailers in various districts with yearly order volumes of over INR 10 lakh each. Order expected from 30-40 other retailers in near future.
The company has a screened database of contacts of more than 200 top retail shops for future expansion. Product display, field visit, and sample orders have already been done.
High ticket size products with much higher profit margins in comparison to industry standards.
- Business breakeven reached in the first four months and is now running at profits in less than 8 months of active business.
- Member of CMAI (Clothing Manufacturers of India), India's largest apparels manufacturers association.
- Expected projected sales of over INR 7-8 cr in the upcoming year with a yearly growth of 30-40%. Expected sales of INR 3-4 cr from E-commerce portal in this year with expected growth of 100-150% in the coming year.
- Omnichannel presence with strong E-commerce portal with unique features, and clothing based subscription model integration. Complete hand-holding and customisations will be provided to the buyer.
- Product shoots done with a renowned model from Manyavar, and complete planning ready to book a renowned film star as the brand ambassador at a very reasonable price.
- Filtered list and contact details of top dealers & distributors from Northeast India, Bihar, Orissa, Maharashtra, Karnataka, Andhra Pradesh and Gujarat.
- Complete franchise model and a standalone store design model ready. Planning to start the franchise model in Q1 of next year.
- Majority of the sales are from retail store & MBO's compared to online sales currently.
- Website is currently down due to maintenance and can be activated in a moment's notice.
- The first image is the factory of the contract manufacturer and the second image is of our products inside a retail store.
Products & Services Overview
- Omnichannel men's lifestyle brand selling men's apparels including shirts and trousers. Plans to add other accessories and apparels to the segment.
- Plan to get athleisure and smart workwear in the next production.
- E-commerce portal up and running.
Assets Overview
- Fresh collection of shirts. Stock value worth INR 20 lakh.
- Fully functional premium, responsive, social media integrated, scalable, feature-rich, payment gateway integrated E-commerce portal.
- Menswear subscription model can also in integrated.
- All brand related collaterals including stationery, packaging, brand guidelines, social media accounts, backend software, E-commerce software and backend, payment gateways, Intellectual property, trademark, business plan, expansion strategy, competitors, growth, hiring portals, vendors, barcoding machines, swatches, packaging materials, posters, banners, promotional materials, glow sign boards, signboards and any other products related to the brand is part of the investment.
- 5 software integrated computer systems.
- Barcode machine and related products
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₹10 to ₹200 Cr
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