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Door Fixtures Business for Sale in Surat, India

Architectural hardware retail store in Surat with an exclusive supply of Enox brand products.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 13.3 thousand
EBITDA Margin 20 %
Industries Door Fixtures
Locations  Surat
Local Time 3:51 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 12.8 thousand (Native Currency: INR 1,150,000)
Reason: The owner has multiple outlets and is finding it hard to manage this one, hence wants to sell it.
Includes physical assets worth USD 12.7 thousand
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Business Name
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Business Overview
- The business is based in Surat and operates as a hardware and construction products retail store, with a focus on door fittings, particularly automated glass fixtures, and handles.
- It has an exclusive supply of Enox brand products and has an established client base of 10-12 carpenters and 4-5 architects in Surat.
- The outlet is more of a display store with less foot traffic.
- Its revenue generation has not been reported, due to its recent operational period of 6 months.
- The business follows a model whereby the company brand is also involved in operations. There will be further clarification upon signing a contract with the brand.
- Current owner will help in this process and there is no fee required to be paid by the buyer to the company apart from the selling price.
- The contract to supply the company brand's products will be transferred to the buyer, with further details to be discussed with the company.
- It is particularly noteworthy that the business focuses on automated glass fixtures in the hardware and construction products market.
- The business has a specialized product offering with a potential for growth within the Surat market and potential for expansion.
Products & Services Overview
Retailer of branded hardware products mainly used in interior design and architecture industry with a focus on.
- Automated glass door fittings.
- Door handles.
Assets Overview
The tangible assets as a part of this sale include the stock of products worth INR 2 lakh and the store's furniture worth INR 9.4 lakh.
Facilities Overview
The store is located in Bhatar, Surat with an area of around 1,200 sq ft with a rent of INR 35,000 paid per month.
The owner has a verbal agreement for the lease which is valid for 9 years. There will be a 10% rise every 2 years.
Capitalization Overview
The business is currently funded by a sole proprietor with no loans and liabilities in the business.
Recent Activity
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2 Buyers already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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