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Equipment & Supplies Rental Business for Sale in Bengaluru, India

Acquire a business generating rental income by furnishing apartments for 70+ active clients.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 21 thousand
EBITDA Margin 15 %
Industries Equipment & Supplies Rental
Locations  Bengaluru
Local Time 1:22 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 29 thousand (Native Currency: INR 2,500,000)
Reason: The owner's inability to manage the business individually.
Includes physical assets worth USD 21 thousand
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Business Name
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Documents
Business Overview
- Our company provides furniture and appliances on a rental basis.
- We have packages for all types of houses (1 BHK, 2 BHK, and 3 BHK). The plans are for 6 months or 12 months tenure, for which we take a 3-month security deposit.
- In addition to offering comprehensive packages that include all items, we also give our customers the flexibility to purchase individual furniture pieces or appliances.
- Our clientele consists of walk-in customers as well as clients referred by real estate agents to whom we pay a commission.
- We have 2 contractual employees, and our packages start from INR 4,000.
- Currently, we have 70 clients who pay us monthly, and the same will be transferred to the buyer.
- The business does not need any licenses to run operations. We believe the investor can capitalize on this business by expanding into different areas in Bangalore and leveraging online marketing.
- Due to personal reasons, the owner could not handle the business, and thus, the sales have dropped compared to the previous year.
Products & Services Overview
Our top-selling services include furnishing the entire apartment (sofa, TV, washing machine, fridge, bed with mattress, gas connection). Currently, we are operational in Munnekolala in Bangalore, and most of the clients we serve are professionals working in the IT industry.
Assets Overview
Tangible assets include beds, mattresses, sofas, coffee tables, smart TVs, washing machines, single-door fridges, and gas connections.
Intangible assets include existing client contracts.
Facilities Overview
We have rented an office (100 sq ft) for INR 11,000 per month and two god owns (306 sq ft) for INR 17,000 per month.
Capitalization Overview
The business has been entirely funded by the sole proprietor and carries no external liabilities.
Recent Activity
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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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