1. Businesses
  2. Retail/Wholesale
  3. Karnataka
  4. Bangalore
  5. SL005803
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A Well Established Home Furnishing Business for Sale in Bangalore

Listing ID: SL005803
Posted By: Owner
Last Active: 1+ year ago
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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

Keywords

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Business Tags

bangalore Home Furnishing Business rented premise

₹10 to ₹200 Cr

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Before buying a A Well Established Home Furnishing Business for Sale in Bangalore, check:
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  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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