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  4. Chandigarh
  5. SL014886
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Electronic Spare Part Business Raising Funds In Chandigarh

Listing ID: SL014886
Posted By: Owner
Last Active: 1+ year ago
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About Business

It is a shop for spare parts for home and commercial appliances like ACs, refrigerators, water purifiers, washing machines, microwaves, and more.

Clientele type

The business has regular customers that are mechanics(500+), urban company partners(550+), shops and service centres(50+), and corporate entities(10).

Premises

LEASED

Lease per month (in INR): 25.00 K

Security Deposit (in INR): 25.00 K

Carpet Area: 1,600 sq ft

They have a retail outlet of their products in Chandigarh

Asking Price Includes

The terms of transaction can be discussed with potential investors.

Reason

Buy stock and expansion of business.

More Details

The founder has 8 years of experience in the field and has been tested by the ups and downs of the industry even during the covid pandemic. The business was established in October 2022. Earlier the founder had started his store in 2016 to a point where the business made more than INR 5 lakhs/day looking at the growth of the business the founder took a loan and established its manufacturing unit. It had to be closed due to the pandemic and the assets were sold to fulfill the loan.

The future plans of the business is to continue the trading business and introduce an application to reach pan India customers.

Keywords

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Business Tags

Electronic Spare Part Business Raising Funds In Chandigarh

₹10 to ₹200 Cr

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  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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