A Well Established Home Furnishing Business for Sale in Bangalore

Available on Introduction
Listing IDSL005803 Asking Price (in INR)2,200,000 Last Year TurnoverINR 8,100,000 EBITDA/ Operating Margin % 1%

Business Details

PRODUCTS & SERVICES

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)

CLIENTS & INDUSTRIES

Retail customers

MARKETING & SALES

Walk-ins

OTHER DETAILS

This is a good opportunity to acquire an established business, with renewed focus this can generate 30%-40% growth within a year

ASKING PRICE INCLUDES

Includes complete setup, Catalogues, furniture, interior, security deposit, office equipment

IndustryHome Furnishing LocationBangalore
Total Views190 Last Active2+ months ago
Entity typePartnership Started in 2013
Transaction TypeFull Sale Employees3
ReasonAbout to start a manufacturing unit along with my friends

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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