1. Businesses
  2. Retail/Wholesale
  3. Punjab
  4. Patiala
  5. SL002892
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Handicrafts, Furniture, Paintings Business for Sale in Patiala

Listing ID: SL002892
Posted By: Owner
Last Active: 1+ year ago
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About Business

The business was started in the year 2012 as a sole proprietorship business. They are into selling of handicrafts, furniture, and paintings on orders and through their designers. It is located in a commercial area. The outlet is on a monthly rent of INR 25000 on a carpet area of 1800 sq ft with 5 employees. They have tied up with e-commerce platforms such as Flipkart, Amazon, and Snapdeal and also have their own website. They have stock worth of INR 8 Lakhs which includes the finished and unfinished furniture with paintings worth INR 4 Lakhs, Last year's turnover was around INR 15 Lakhs and a net profit of 30/40%. The asking price of the business is INR 12 Lakhs.

Reason

Other Business

Keywords

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Before buying a Handicrafts, Furniture, Paintings Business for Sale in Patiala, check:
  • Growth prospects of the industry and business
  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

The business opportunity is posted either by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published.

We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity may be put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks.

We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.

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If you have any queries or need help, our team is here for you. You can email us at [email protected].

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  • Deal structure (cash, equity, mix)
  • Transition timeline
  • Support during handover
  • Final consideration based on due diligence

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