A Well Established Home Furnishing Business for Sale in Bangalore
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About Business
This Partnership business is operational since 2013. Located in a prime locality on the 1st floor of a commercial complex. The business deals with all furnishing items including Curtains, Sofa fabrics, Curtain hardware items, Wallpapers, Window and Door blinds, new sofas, Mattresses, Bed linens, Carpets, Doormats, Wooden flooring, Bath accessories etc.
Monthly rent is INR 45,000, premise area is 1450 sq.ft. and security deposit paid is INR 4 lakhs. 3 employees are working currently.
The financial details for the financial years ending 2017 & 2018- (Book profits are 2.83 lakhs & 2.46 lakhs respectively). Regarding the financial year ending 2019, it is yet to be audited and the tentative figures are given below- Turnover - 81 lakhs, Gross profit - 28 lakhs, Book profit - 2.5 lakhs
Asking price is INR 22 lakhs. (Negotiable) (includes complete setup, Catalogues, furniture, interior, security deposit, office equipment)
Clientele type
Retail customers
Premises
Walk-ins
Asking Price Includes
Includes complete setup, Catalogues, furniture, interior, security deposit, office equipment
Reason
About to start a manufacturing unit along with my friends
More Details
This is a good opportunity to acquire an established business, with renewed focus this can generate 30%-40% growth within a year
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₹10 to ₹200 Cr
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