Teak Wood Furniture Manufacturing Unit for Sale in Panchkula
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Product / Service
Hand Carved Teak Wood Furniture for homes and households, offices
Clientele type
Hotels, Residencies, Corporates
Premises
JD, Direct
Asking Price Includes
Goodwill, stock, clientele, business know-how, other assets (Negotiable)
Reason
Retirement
Other Details
This Sole Proprietorship business is operational since 1988. They are in the business of retailing and distributing furniture. They primarily stock and retails Hand Carved Teak Wood Furniture for homes and households and also deals in office furnishings for commercial spaces and business establishments. In business for years, this enterprise is one of the prominent points-of-sale in the city for buying fancy and stylish furniture pieces. Being of high quality, trendy designs and available at affordable price points, the products have helped them gain a staggering base of customers over the course of time.
They Specialized in Wooden Hand Carved Teak Wood furniture. They also export to countries like US and Canada.
Monthly premise rent is INR 35000 and the unit area is 3100 sq.ft. Employees working are 10.
Turnover FY 17-18: INR 1.75 Cr.
Turnover FY 18-19: INR 1.5 Cr. Profit margin is between 15-35%.
Asking price is INR 55 lakhs. (Negotiable) (includes running business, machinery, stock approx. INR 29 lakhs, material, infrastructure. clientele, 1 year free guidance and consultancy from the promoter for business know-how)
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