Trendy Fashion Brand Raising Funds For Expansion In Lucknow
Product / Service
It is a fashion brand founded in 2017 and has become synonymous with ethnic wear. In 2018, it opened its first exclusive store, offering a blend of designer apparel and elegant fashionwear that celebrates the Indian woman's contemporary lifestyle.
Clientele type
From a single store, this women's fashion brand now achieves an impressive monthly sales volume of 6 lacs.
Their clientele spans a wide spectrum, serving women of all types, from diverse backgrounds and style preferences, making it a go-to destination for fashion enthusiasts seeking a blend of elegance and trendiness.
Premises
Presently, they operate five proprietary stores while extending three to franchisees.
They boast a strong presence with three flourishing stores in Jaipur and an impressive tally of five in Lucknow, catering to a diverse customer base in these vibrant cities.
Asking Price Includes
In return for an investment of 5 crore, they are willing to provide a 10% ownership in the company.
For those interested in obtaining a franchise for their store, the franchise fee is set at 12 Lacs.
Reason
They are currently in the process of raising funds to facilitate the opening of new brand outlets and stores, further expanding their presence.
Other Details
In order to secure a franchise with them, a 12 lacs deposit is required. Upon deposit, franchisees receive an allocation of stock and are entitled to a 30% share of the sales they generate.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Share your ProposalYou may also like
{{listing.title}}
Frequently Asked Questions
How to contact a business opportunity?
Click on CONTACT BUSINESS button on the business opportunity page to get
connected. This allows you to gain access to contact details of opportunity
in exchange with your details.
Please note, getting contact detail of a business is called an introduction
and each membership plan has different introduction credits. If you do not
have any introduction credit in your account, you can neither connect nor
get the contact details of that business opportunity.
How does IndiaBiz verify the business information?
Business opportunity is either posted by the business owner or advisor.
After which, our team checks the information for completeness, language and
accuracy. Once the basic checks are met; only then the opportunity is
published.
We also get users feedback for the opportunities they contact and based on
their feedback, the opportunity maybe put on HOLD till further
clarification. Many opportunities are not published when it does not pass
through our internal procedure checks.
We sincerely request you to carry out complete due diligence before taking
the transaction ahead. In addition, the contact details of the business are
verified via phone / email.
What support can I expect from IndiaBiz?
Based on your membership plan you can get email/ phone/ online support
for communication with the other side, account queries, etc.
If you are looking for a specific type of business opportunity - our
Assisted Buying services can be useful.
Our Advisory team also provides support related to business valuation,
business plan documents, franchise expansion plan at a fee. Contact sales
team for more details on your requirements.
Click here to see how it works