Reputable Glue Gun Adhesive Business for Sale in Delhi
Product / Service
It is an online profitable business for sale in Delhi. It sells Glue Gun products through e-commerce platform like Flipkart. Their brand is second most popular on Flipkart in the Glue Gun category. The Glue Gun products are used for Woodworking, Recreational Decor, Electronic Circuit Board, Shipment & Packaging, School Project, Craft Work, Retail Manufacturing, etc. The premise area is 720 sq. ft. build up with monthly rent of INR 12,000.
The company sells Glue Guns like Professional Leak Proof Precision, Electronic Glue Gun, Drip Control Precision Tip, etc. These Glue Guns are with Adjustable/Multi/Hot with different Temperature, with different electric power (in Watts). The Glue Guns come with Glue Sticks varying from 5 to 100 Glue Sticks. The Glue Guns are priced from INR 200 to INR 1200 presently depending types of Glue Gun. In Flipkart they are selling over 750 types of Glue guns.
In Financial Year 2018, the total quantities of Glue Guns sales used to increase gradually. There are only 2 employees. Presently, they have sold around 1700 Glue Gun weekly on an average from April 2018 to May 2018. Now, the promoter is planning to sell the Glue Guns in different e-commerce platform also.
The last year turnover was INR 35 Lacs. The turnover from Apr-18 to May-18 is INR 34.5 Lacs.
In Financial Year 2019, the company has expected 15-20% sales growth month over month with forecasting INR 2.1 crores sales for the financial year.
The Asking price of the business is INR 40 Lacs.
Reason
Have multiple businesses to manage so can't dedicate full time to the Glue Gun Business
Business Tags
₹10 to ₹200 Cr
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