1. Businesses
  2. Retail/Wholesale
  3. Tamil Nadu
  4. Chennai
  5. SL002201
Edit Alert

Running Furniture Retail Shop for Sale in Chennai

Listing ID: SL002201
Posted By: Owner
Last Active: 1+ year ago
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About Business

The well-established shop started in 2011. The Shop is very famous in the city and it is located in the very good area. The shop imports furniture from big manufacturing units and daily foot counts in a shop is around 20. A total number of employees are 3. The Carpet area of the premise is 1700 Sq Ft, which is on lease for 3 years and the monthly rent of the shop is INR 80,000. Shop sell modern sofa sets, dining sets, mattress, kitchen cabinets, wardrobes, computer tables and modular workstations and much more. Last year's turnover is INR 80 Lacs, the profit margin is 30% and asking price is INR 20 Lacs. This includes premise deposit, stock, and other amenities.

Reason

Planning to settle in abroad in the same business in a manufacturing line.

Keywords

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Business Tags

Highly Profitable Modern Furniture Prime Location Running Well Very Popular Well-established

Business Exit for ₹10 Cr – 200 Cr

Structured Transition Completed in 120 Days

Credible Buyer Connections, Confidential Discussions, and Seamless Closure

Supported by Advisors with 26+ Years of Experience

Contact IBGrid Team

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  • 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?

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