Furniture Business for Sale in Andhra Pradesh, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | General Partnership |
Reported Sales | USD 900 thousand |
Run Rate Sales | USD 1 million |
EBITDA Margin | 10 % |
Industries | Furniture |
Locations | Andhra Pradesh |
Local Time | 12:41 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Furniture business in Bangalore which is a franchise-run outlet of a famous furniture company that has more than 180 stores across India.
- Offering a wide range of furniture.
- We took up the franchise around 3 years ago, but we are moving to a different city because of which we want to sell our business.
- The franchise agreement is transferable to the buyer, and has lifetime validity. We do not pay any royalty to the franchisor but purchase the products from them.
- On average, we receive 10 walk-ins on a good day, 20 walk-ins high during seasonal demand days daily out of which 50% are converted to paid customers.
- Business is debt-free and is run by 2 owners each one holding a 50% stake in the company.
Selling various kinds of furniture for living room, dining room, office, bedroom, and outdoor spaces.
Showroom stock, 15 4-ton tower AC, and all the showroom lights, POP work, etc.
32,000 sq. ft. showroom with 7 floors, basement is used as a godown space, top floor is used as a penthouse, rest all is for display purposes. The lease agreement is valid for 20 years. We pay a monthly rent of INR 4 lakhs which is very reasonable for the market price.
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Earlier than 15 daysDirector, Furniture, Jodhpur, Corporate Investor / Buyer connected with the Business