Profitable upscale Lighting business for sale in Bangalore
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Product / Service
The Business has an amazing blend of lights that are functional, Customized, designer, decorative and glare-free
Clientele type
Typically new homeowners from mid to high-end homes/villas, restaurants, offices - Malls, Villa, Hotels, Restaurants, Celebrities, IT Park, Offices, Yoga-Gym Centers, Clubs, Halls, Home Owners, Architects, Interior Decorators, etc..
Premises
1316 square feet leased place on the first floor in the upscale market area in Indiranagar, Bangalore.
Monthly rent is INR 1,16,340+ 2,000 as a maintenance and Security deposit is INR 2 lakh.
There is a godown on the 3rd floor and the rent for it is INR 12,600.
Asking Price Includes
Fixed assets, intangible assets, inventory, trained employees, stock worth INR 25 lakhs, goodwill
Reason
Relocation to a different country
Other Details
Profitable designer customized lights Retail showroom located at an upscale Main street in Bangalore.
The business model calls for purchase against actual sales orders, thereby reducing stocking costs to the minimum with negligible dead inventory.
Positive cash flow model, niche products, and great margins.
The Business has 4.2 Google ratings and 5-star facebook ratings.
Team of 5 people consisting 1 Senior Manager, 1 Senior Electrician cum Sales, 2 Electricians, and 1 office boy.
They have completed the big projects like IT Sheraton, renowned Stadium, Yoga Center in Mysore, Actresses Home, large villas and many more.
Customers from a wide geographical the area from Bangalore, intracity within Karnataka and from surrounding states.
Revenue of FY 16-17 is INR 1,20,15,725.
Revenue of FY 17-18 is INR 1,18,79,568.
Revenue of FY 18-19 is INR 1,36,85,183.
The asking price is INR 50 lakhs.
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