ECommerce Furniture Biz Raising Funds In Bhilai Chhattisgarh
About Business
Established in August 2024, this online furniture business operates on an e-commerce model catering to Tier 2 and Tier 3 cities across the state. The business records monthly sales of approximately ₹3–4 lakhs, with a profit margin of around 20%.
The company offers a curated selection of stylish and high-quality furniture, making it convenient for customers to shop from the comfort of their homes. The product range includes:
Sofas: Wooden sofa sets, 3+2 seater, 3+1+1 seater, Chester sofa sets, sofa-cum-bed, 2-seater, and 3-seater sofas.
Chairs: Wooden chairs, fabric chairs, high-back chairs, rattan chairs, rocking chairs, recliners, plastic chairs, Chester chairs, metal chairs.
Tables: Wooden and metal center tables, nest tables, fabric benches.
Ottomans: Wooden ottomans, fabric puffies, ottomans with storage, fabric benches.
Beds: Fabric beds, sofa-cum-beds.
Wardrobes: 2-door, 4-door, and 6-door wardrobes.
Other Furniture: Pooja cabinets, L-shaped sofa sets, dining tables.
The business is designed to combine quality, design, and convenience, providing customers with a seamless online furniture shopping experience.
Clientele type
The clientele includes online customers from Tier 1 and Tier 2 cities.
Premises
LEASED
Lease per month (in INR): 12.00 K
Security Deposit (in INR): 36.00 K
Carpet Area: 1,500 sq ft
The business operates from two rented warehouses located in Bhilai and Raipur, along with a rented office space of 1,500 sq. ft.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 1.00 Cr
Minimum ticket size
INR 1.00 Cr
Reason
The owner is looking to raise funds to scale the business by establishing additional warehouses across multiple districts.
More Details
The owner, an architect with 20 years of experience, launched this business in August 2024.
Keywords
Business Tags
₹10 to ₹200 Cr
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