Furniture Business Raising Funds For Expansion In Aurangabad
About Business
The business undertakes turnkey residential furniture projects, covering products such as beds, sofas, TV units, wardrobes, and other home furniture. It also has an existing plywood and hardware business that supports its furniture operations.
Key Highlights
- Handles complete furniture requirements for residential projects.
- The business currently operates with two core team members for project execution and also has access to contract-based workers as required..
- Has experience in plywood, hardware, and furniture work.
- Plans to expand into modular furniture manufacturing.
- Seeking funds to purchase machinery such as a cold press, edge banding, and other furniture equipment.
- In-house machinery will help increase production capacity and handle more projects.
- Existing project-based business provides a base for expanding the modular furniture segment.
Funding Requirement
Funds are being raised primarily for machinery and setting up the modular furniture manufacturing facility.
Clientele type
The business primarily caters to builders and residential end-users, providing end-to-end furniture solutions for homes and residential projects.
Premises
LEASED
Lease per month (in INR): 50.00 K
Security Deposit (in INR): 1.00 L
Carpet Area: 2,000 sq ft
Asking Price Includes
The investment terms will be discussed and mutually agreed upon with the potential investor.
Asking Price
INR 2.00 Cr
Minimum ticket size
INR 50.00 L
Reason
The founder is seeking investment to expand the business and set up a modular furniture manufacturing facility.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
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