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Furniture Business for Sale in Ahmedabad, India

For Sale: Furniture and hardware retail store with an owned property of 5,400 square feet.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 404 thousand
Run Rate Sales USD 410 thousand
EBITDA Margin 20 %
Industries Furniture
Locations  Ahmedabad
Local Time 4:09 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 810 thousand (Native Currency: INR 70,000,000)
Reason: We wish to sell as we want to concentrate on our other businesses. The entire business can be sold ... View More
Includes physical assets worth USD 580 thousand
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Business Overview
- High footfalls and furniture retail store with 10-20 daily walk-in customers.
- Reputed firm name with an exclusive "Sleepwell" world dealership.
- Serving clients all over the state for a decade and a half.
- Customers visit us directly or reach out to us through our personal network of associates.
- Prime located store consisting of 2,200 sq. ft. ground floor with 3,200 sq. ft. basement attached.
- Outstanding bank loan of about INR 1 crore which is being repaid.
- The buyer gets the legal entity, stores of 2,200 sq. ft. and the 3,200 sq. ft.
- It is a sole proprietorship with one 100% owner.
- There are 4 permanent employees, additionally contract employees are hired for logistics on demand.
Products & Services Overview
- Mattresses, foam, and furnishings.
- Sanitary wares, and home furnishing items.
We also sell veneers and laminates.
Assets Overview
The real estate has been valued at about INR 9,260 per square foot. This takes the 5,400 sq. ft. of built-up area's value to INR 5 crore.
Facilities Overview
5,400 sq. ft including ground floor and basement.
The property is owned by the business.
Location is Chandlodiya, Ahmedabad.
Capitalization Overview
Sole proprietorship business.
No outstanding loans.
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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