Prominent Saree Boutique Selling Their Assets in Chennai
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Product / Service
It's a boutique specializing in a wide range of exquisite offerings, including silk sarees, Chettinad cotton sarees, salwar suits, leggings, fabrics, and an assortment of fancy sarees, among others.
Clientele type
Their customer base comprises women and girls, including school teachers, retail sales professionals, corporate clients, and more. On an average day, they welcome 4-5 customers to their store.
Premises
LEASED
Lease per month (in INR): 17.20 K
Security Deposit (in INR): 80.00 K
Carpet Area: 2,000 sq ft
Positioned in a bustling residential area, this establishment offers a convenient ground floor layout with ample car parking space, two well-appointed washrooms, comfortable retiring rooms, and a dedicated trial room for your convenience. Additionally, it is conveniently located just 100 meters away from a major main road.
Asking Price Includes
The asking price exclusively covers the entire infrastructure, including one split AC unit, floor mats, a sofa, a table, glass racks, a false ceiling, showcase lights, and an additional table, among other valuable assets.
If someone wishes to acquire the inventory, which is valued at 10 lakhs, they have the option to purchase it for an additional 5 lakhs, which amounts to 50% of its original price.
Reason
The Proprietor is moving abroad.
Other Details
Their monthly sales are approximately in the range of 2 to 3 lakhs, with notable surges during festive seasons, contributing to even higher revenue during these periods. The same premise can be re-rented for plug-and-play.
Business Tags
₹10 to ₹200 Cr
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