KHIMJI

•In this expanding economy, the business house of

Khimji Ramdas bears special mention, not only for
its historical links with Oman, but also for its
inherent strength as a commercial entity.
•Khimji Ramdas was established in the Sultanate
of Oman in the year 1870.
•KR will cover the two prestigious territories of
South & East Delhi, in the capital city of India.
•KR Group's Retail Division manages the popular
Khimji's Mart supermarkets, a chain of Welfare
Markets for the Royal Oman Police and some of
the omanoil Quick Shops.
 Contd…..

• It includes various sectors in its business

concerning like logistics, infrastructure, life style,
consumer products etc.
• KR has entered into a joint venture with Omanoil
Company to manage 16 Omanoil Quick Shops
across Oman on a profit sharing basis.
 Strength of khimji

 Khimji’s Luxury & Lifestyle Stores are some

of the most prestigious lifestyle in the
world.

 Few companies can claim the in-depth

knowledge of the market that Khimji
Ramdas has acquired during the course of
over a century.
A CHECKLIST TO CONSIDER WHEN
ACQUISITING A COMPANY
 Why is the seller placing the business up for sale?

 There can be various reason behind it:

1. unable to manage such a large business.

2. Diversification could be another reason for selling.

3.Can be getting good money value for his selling.

4.Establish of business in other countries may lead to

selling of the firm.
 CHECK LIST CONTD…

 How much are u paying for goodwill( the cost of the business above it’s
tangible asset value)?
A ransom amount of tangible asset value as well as intangible asset is required to
acquisite any reputed business firm such as khimji.

 Has sales, inventory levels & profit figures been confirmed by your
accountant?
Yes, the first & the foremost step required before acquiring in any business firm is
the checking of sales, inventory levels & profit figures.
 Checklist contd…

 Will the seller introduce you to his or her

customers & stay on during the transition period?
It is very important that the seller should introduce
the buyer to the customer so that to know the
exact requirement & taste of the customer. If there
is some dues left over can be easily taken care of
by the buyer.

 Will the seller sign a statement that he or she will

not open a directly competing business in the
same trading area for a reasonable time period?
NO
CHECKLIST CONTD..
 If the sales are seasonal,are you
purchasing the business at the right
time of the year?
It is very important that the acquisition
of the business should be done at the
time of the season so as to make the
maximum profit as fast as it can be
possible.
 Contd..
 In the purchase of the business,are you
assuming existing debt of the seller?
 No.
 What is the length of the lease if the
property is rented?
 Duration of the lease should be at least
35 years.
 Contd…
 If the property is to be purchased along with the
business,has it been inspected by a professional
engineer?
 Yes
 How modern are the storefront and store fixtures?
The location and the frontage of the store are very
important in order to make a good sale.
Contd..
 Is inventory fresh?Does it contain a full merchandise
assortment?
Inventory has to be fresh if there is some left out in the
warehouse.

 Are the advertising policies,other customer service

policy similar to yours.Can you continue old policies?
The buyer should follow his own policy or anyone which
ultimately leads to profitable business.
Contd..
 Has a lawyer examined the proposed contract?
Yes,this step is very essential.
 What effect will owing this business have on your
lifestyle and on your family relationship?
Owing this business will of course increase the
responsibility at the same time will enhance status in
the market and among the competitors at the same
time spending less time with the family members.