Door Fixtures Business Investment Opportunity in Pune, India

- This has been an ancestral business for over 70 years in Pune and now it is a single family owned firm with one director.

- Company specializes in trading different types of furniture raw materials & contract manufacturing, supply & installation of furniture.

- We deal with plywood, laminates, veneers and also in wooden flooring, flush doors, door frames, edge bands, carpentry & furniture related raw materials and furniture manufacturing.

- The company is run by a robust team of passionate individuals with established clientele such as institutions, architects, engineers, contractors, interior decorators, and end users.

- 80% of our business is from huge developers and contractors.

- Have 18 well-trained staff with PF & ESI coverage & approx 80 contracted staff for handling manufacturing & contracting (installation).

- The workshop is capable to scale the production output up by approximately 30% with the current set of machines. We are utilizing 70% of the capacity.

- Present sales are purely on the basis of the goodwill and the word of mouth publicity in the market & a self-motivated sales & marketing executives staff of 6 people.

- Most of the sales are on a credit basis with a short to medium credit period and therefore the book's current assets is very high, but very less bad debt as credit is constantly rotating.

- The company has customers in four categories namely - institutional clients (developers & builders), architects and engineers, contractors, and end users.

- Business has INR 1.5 crore CC which will be settled before the sale.

- We have around 75 contract-based employees.

- The facility is also capable to produce kitchen cabinets, tables, and other furniture without any modifications.

- We have been focussing on getting huge orders lately and as a result, our sales have grown.

Doors & door frames (manufacturing, supply & installation)

Factory for hot pressing, post forming, edge banding of plywood, laminates, veneer, hardware items, wood & timber, adhesives, and SPC flooring.

Intangible - Reputation & brand image, goodwill and existing business relationships.

Tangible - Current stock, office furniture & fitments, computers, stationery.

Vehicles and real estate are not part of the transaction.

15,000 sq ft workshop area with a constructed building of 7,240 sq ft across 2 floors, & a shed of 6,850 sq ft with 1,500 sq ft labour dormitory, 1 showroom of 1,800 sq ft located in the heart of timber market. Both properties are currently rented from family members.

The business is currently funded by current owners, and there's a bank CC of INR 1.5 crores.

The ownership is between 3 family members.