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Furniture Business for Sale in Andhra Pradesh, India

Franchise run outlet of a leading furniture brand in India with 10-20 walk-in customers daily.
This transaction has concluded.
This Business is on a Premium Plan
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
Overall Rating
Full Sale
Asking Price: USD 240 thousand (Native Currency: INR 20,000,000)
Reason: The promoter is moving to a new location.
Includes physical assets worth USD 220 thousand
Interested to connect with advisors
Documents
GST Certificate
Business Overview

- 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.

Products & Services Overview

Selling various kinds of furniture for living room, dining room, office, bedroom, and outdoor spaces.

Assets Overview

Showroom stock, 15 4-ton tower AC, and all the showroom lights, POP work, etc.

Facilities Overview

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.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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