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Furniture Business for Sale in Mumbai, India

Company manufacturing and supplying office chairs and sofas, with B2B and online sales, seeking investment.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 400 - 500 thousand
Run Rate Sales USD 470 thousand
EBITDA Margin 20 - 30 %
Industries Furniture
Locations  Mumbai
Local Time 3:58 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 450 thousand (Native Currency: INR 38,000,000)
Reason: There is regular flow of orders in the business but due to capital shortage we are unable to fulfill... View More
Includes physical assets worth USD 32 thousand
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Business Overview
- Company engaged in the manufacturing and supply of office chairs and sofas.
- The primary customer base is from B2B, which includes turnkey contractors and direct corporate clients, with a substantial online presence and sales through Pepperfry.
- B2C is through our official website.
- The company has established a strong presence in the Mumbai market with 40-50 major clients, and it receives daily orders as well as weekly bulk orders, averaging 10-12 orders per day with an average order value of INR 10,000.
- Raw materials are sourced from vendors located across Mumbai, Delhi, and Chennai, ensuring a diverse and reliable supply chain for their manufacturing operations.
- Production capacity is 50 office chairs and 5 sofas per day, the company operates at a 60% utilization rate.
- The business has MSME and GST registrations.
- The company's strategic focus on both B2B and online sales, coupled with its robust client base, efficient production capacity, and diversified supply chain.
Products & Services Overview
Office chairs and sofas - sold to corporate companies and turnkey contractors.
We sell online through Pepperfry and our own official website.
Assets Overview
Physical assets include machinery, commercial vehicle, ready stock and raw material.
Facilities Overview
Rented facility of 11,000 sq ft, located in Vile Parle West, Mumbai. Rent is INR 1.1 lakhs per month.
Capitalization Overview
We don't have any bank liability, only outstanding creditors liability of INR 74 lakhs right now.
The business has 2 partners with a 90% and 10% ownership.
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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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