A Well Established Home Furnishing Business for Sale in Bangalore
Product / Service
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
Other Details
This is a good opportunity to acquire an established business, with renewed focus this can generate 30%-40% growth within a year
Business Tags
Professional Business Valuation Services
How much is your business worth?
Get a Detailed Valuation Report within 21 Days and know the true value of your business.
Get Detailed ValuationYou may also like

{{listing.title}}
Frequently Asked Questions
How to contact a business opportunity?
Click on CONTACT BUSINESS button on the business opportunity page to get
connected. This allows you to gain access to contact details of opportunity
in exchange with your details.
Please note, getting contact detail of a business is called an introduction
and each membership plan has different introduction credits. If you do not
have any introduction credit in your account, you can neither connect nor
get the contact details of that business opportunity.
How does IndiaBiz verify the business information?
Business opportunity is either posted by the business owner or advisor.
After which, our team checks the information for completeness, language and
accuracy. Once the basic checks are met; only then the opportunity is
published.
We also get users feedback for the opportunities they contact and based on
their feedback, the opportunity maybe put on HOLD till further
clarification. Many opportunities are not published when it does not pass
through our internal procedure checks.
We sincerely request you to carry out complete due diligence before taking
the transaction ahead. In addition, the contact details of the business are
verified via phone / email.
What support can I expect from IndiaBiz?
Based on your membership plan you can get email/ phone/ online support
for communication with the other side, account queries, etc.
If you are looking for a specific type of business opportunity - our
Assisted Buying services can be useful.
Our Advisory team also provides support related to business valuation,
business plan documents, franchise expansion plan at a fee. Contact sales
team for more details on your requirements.
Click here to see how it works