Profitably Running Modular Kitchen, Furniture, Interior and Furnishing Showroom for Sale at Chennai
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This profitable business was established in 2011. This is a partnership business with 2 promoters. They sell a wide range of 200+ products related Modular Kitchen, Wardrobe, and Furniture. The price ranges from INR 40,000 to INR 17 lakhs. This showroom is one stop solution for all the INTERIOR, FURNITURE & FURNISHING needs. The business is located in software corridor surrounded by big branded restaurants and commercial complexes.
The business has established a Brand value in the market and has served around 600 happy customers. They have their own website and have tied up with Indiamart
They source the products from the manufacturers.
The premise area is 2900 sq.ft. and the monthly rent is INR 1.70 lakhs. Total number of employees working is 22.
The turnover for the last FY was INR 4 Cr with a net profit of INR 20 lakhs. Asking price is INR 50 lakhs. (all inclusive )
Reason
Both partners are heading their family owned business. Lack of dedicated time to grow the business.
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