Furniture & Home Furnishing Biz Raising Funds In Patna
About Business
The business is engaged in the wholesale trading of mattresses, wooden raw materials, and home furnishing products. It also undertakes turnkey home furnishing projects for residential customers and supplies complete wedding furniture packages.
Key Highlights
- Operating since 2019 with a proven business track record.
- Wholesale trader of mattresses, wooden raw materials, and home furnishing products.
- Executes turnkey home furnishing projects and wedding furniture orders.
- Offers wedding furniture packages, including beds, sofas, wardrobes, and mattresses.
- Wooden raw materials are sourced through an established supplier network in Kolkata.
- Maintains GST registration and regular ITR compliance.
- Reported annual turnover of over INR 33 Lakhs.
- Generates business through an established sales network without relying on a dedicated showroom.
Expansion Plan
- Planning to expand across Bihar and Uttar Pradesh through a FOCO (Franchise Owned, Company Operated) model.
- Franchise partners will provide the retail space, while the business will manage branding, product supply, and sales operations.
Clientele type
The business serves retail customers purchasing wedding furniture packages and supplies mattresses to local furniture retailers. Its primary customer base is spread across the Rohtas, Arrah, and Arwal districts of Bihar.
Premises
LEASED
Lease per month (in INR): 3.00 K
Security Deposit (in INR): 10.00 K
Carpet Area: 2,722 sq ft
The business currently operates from a home office with a small storage facility. As part of its expansion strategy, it plans to establish a central warehouse to strengthen inventory management and support future growth.
Asking Price Includes
The investment terms and transaction structure will be discussed and finalized with the prospective investor.
Asking Price
INR 30.00 L
Minimum ticket size
INR 10.00 L
Reason
The investment will be used to expand the existing furniture business by developing a FOCO (Franchise Owned, Company Operated) retail network across Bihar and Uttar Pradesh.
Licenses
GST Registration, MSME Udyam Aadhar, Shop Registration, and Regular ITR.
More Details
The business is led by an experienced promoter with over seven years of experience in the furniture industry. It has developed a strong network of local vendors and suppliers, supporting efficient sourcing and business operations.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience