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Approximately : -

Acquisition Opportunity of an established premium Optics Establishment : 1980

Owned

Investment Range:Rs 4 Crore

Reason for Sale:Retirement

Industry:Retail

State:Tamil Nadu

Year of Establishment: 1980

Revenue (Latest Year): Rs. 384

EBITDA (Latest Year): Rs. 29 Lakhs

Net Profit (Latest Year): Rs. 100 Lakhs

Total employees:10-20

Business Model: B2C

Nature Organisation: Partnership Firm

Sub Industry:Personal Care

City:Chennai

Type of Investment:Sell Business

Company Type:Owned

License AvailableYes

License NameShop and Establishment, GST, Authorized Dealer Partner Certificate

Total Customer: 6500

Listing ID:KS1030

Business Description

Established in the year 1980, 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 according to their requirements. 

They deal with good domestic brands as well as popular international brands such as Vogue, Carrera, Elle, Espirit, Boss, Burberry, Versace, Prada, Giorgio Armani, Mont Blanc and many more. In addition to this, they also deal with a wide variety of sunglasses as well as contact lenses for the patients who need alternatives to spectacles. Since vision has to be crystal clear their team of sales staff caters to each client's individual need. 

USPs:

 1. Experience: The promoters have been into the business for more than 3 decades and have made a very well-known name for themselves and command a strong brand value.

2. Prime location: The store is located on one of the busiest streets in Chennai giving it great visibility attracting the general public into the store.

3. Partnership and Support: They are associated and very well connected with well-known brands because of which they have favorable credit terms and healthy trade discounts.

Additional Information:

Based out of one of the 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 rewarding them with good trade discounts and high-profit margins. 

Financial Graphs