Teak Wood Furniture Manufacturing Unit for Sale in Panchkula

Available on Introduction
Listing IDSL005672 Asking Price (in INR)5,500,000 Last Year TurnoverINR 15,000,000 EBITDA/ Operating Margin % 35%

Business Details

PRODUCTS & SERVICES

Hand Carved Teak Wood Furniture for homes and households, offices

CLIENTS & INDUSTRIES

Hotels, Residencies, Corporates

MARKETING & SALES

JD, direct

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 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 worth INR 30 lakhs, material, infrastructure. clientele, 1 year free guidance and consultancy from the promoter for business know-how)

ASKING PRICE INCLUDES

Goodwill, stock, clientele, business know-how, other asset

IndustryFurniture & Furnishing LocationPanchkula
Total Views531 Last Active3 weeks ago
Entity typeSole Proprietorship Started in 1988
Transaction TypeFull Sale Employees10
ReasonRetirement

Please note: Documents collected for our review only. These will not be shared with any third party.
Verification of the listing does not imply that Asking price reflects the valuation of the business

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