Sambalpuri Saree cost and business

Sambalpui Saree Cost and Business

A Sambalpuri sari is a traditional handwoven ikat or sari(locally called sadhi) wherein the warp and the weft are tie-dyed before weaving. It is produced in the Bargarh, Sonepur, Sambalpur, Balangir Disctrict, Boudh Disctrict of Odisha The sari is a traditional female garment in the Indian Subcontinet consisting of a strip of unstitched cloth ranging from four to nine metres in length that is draped over the body in various styles. 

In this page, we will see the cost and business of Sambalpuri saree

 

Cost 

Price range of Sambalpuri saree ranges from  Rs. 1,170- 40,000.

Average Sambalpuri saree costs around Rs.4,000.

Cost price of this saree is very low. There is profit margin ranging from 50% to 90%.

Buisness

To start a Sambalpuri saree buisness as a retailer following are the investment for a shop in a good location

Property - If you wish to take shop on rent, it would cost you around Rs30,000 per month on an average basis whereas if you will buy same shop it will cost you around 1cr to 2.5cr

Stock- You would at least need a stock of 1000+ sarees including diffrent patterns and colours so that customer wont go empty handed. On an average a cost price of a saree is Rs. 2,000 , you would need to have atleast stock of Rs.15-20 lakhs 

Employee/ housekeeper - You would at least two guys to help you out to whom you would have to pay around Rs 20k per month. 

Electricity/ other expenses- As you would have a big shop/showroom , electricity bill will also be on heavier side, so get ready to spend around Rs. 20k to 30k on electricity and other expenses

Income- After investing more than 1 cr you would expect monthly income to be 6 digit

On average you sell 10 sarees a day, a saree costs you Rs2000 and you sell it for Rs5000

You are making Rs 30,000 every day. You would be making around 9 lakhs a month.

If from 9 lakhs you are speding around 4 lakhs on salary, stock, emis etc You will be still left with 5lakhs which is more than enough to give you 2 cars, a villa and a lavish life.

 

That's how you can start sambalpuri saree business in odisha