- Country: Russia
- Industry: Retail Trade
- Stage: Expansion/Growth
- Investment size: $1,500,000 / min. $1,000,000
- Type of investment: Debt
We will open a 1,000 sq m modern department store on the premises of a Soviet-era department store in the heart of Rostov-on-Don.
There are no modern department stores in the centre of Rostov-on-Don at present. The former department stores have been split up and rented out to large and small tenants. The concept of a department store has been lost to all of them. Up to date, there is a possibility to create a department store on the premises of the former Voentorg on Bolshaya Sadovaya Str. in the city center, as the owner is looking for strategic tenant for the entire store.
Our company has been engaged in retailing industrial goods over 10 years. In Rostov we have a chain of 5 stores. We are ready to offer our experience, ideas, established contacts with suppliers, and team of professionals for the realization of this project, as well as to contribute part of the required capital.
Product categories to be found in the future department store: gifts, souvenirs, leather goods, tableware, furniture, cosmetics, perfumes, footwear, postcards, toys, etc. It is possible to attract subtenants to unfamiliar (to us) groups of products.
It is necessary to carry out repair works, to order equipment and purchase goods. Some suppliers (big Moscow companies) are ready to cooperate with us. With such a major project, we will be able to order goods on credit in a sufficiently large volume.
Our competitive advantage in the market of Rostov is secured by lower prices of goods (compared to competitors), and a large assortment. We do not rely on one vendor or brand which allows us to keep large inventories, maintain flexibility and wide range of products to offer. We have fresh ideas how to arrange sales areas based on our decade-long experience and that of "our colleagues on the shop floor."
The main stages of the project:
negotiations with the owner of the building;
creation of the company (LLC);
reconstruction of the premises;
manufacture of commercial equipment;
purchase of goods;
market research, segmentation;
Investors can contact us on Merar.
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