Furniture Business for Sale in Bangalore, India
Leading online furniture brand with a diverse portfolio of 70+ products seeks investor to grow.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 800 - 900 thousand |
| Run Rate Sales | USD 1.26 million |
| EBITDA Margin | 10 - 20 % |
| Industries | Furniture |
| Locations | Bangalore |
| Local Time | 8:22 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.76 million
(Native Currency: INR 150,000,000)
Reason: We want to someone take it over from here and make it more bigger brand.
Includes physical assets worth
USD
59 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- We are leading sellers of furniture on e-commerce marketplaces like Flipkart and Amazon.
- Our products are sold under our own brand and we mainly focus on online retail.
- We have partnered with 3 original equipment manufacturers (OEMs) located in Bangalore, Andhra Pradesh, and Jaipur, and market our products under our own brand name.
- We have been selling and marketing our products via Amazon, Flipkart, Jiomart & Meesho and from our own e-commerce website as well.
- More than 90% of our revenue is from sales through major 3rd party eCommerce platforms and the remaining 10% of our revenue is generated through our own eCommerce platform and B2B Sales (major clients are IIM and Indiamart).
- We have nearly doubled our revenue since the previous year, and we see a tremendous opportunity in the online market for further growth.
- The business has a valid GST and an MSME certificate.
- Our products are sold under our own brand and we mainly focus on online retail.
- We have partnered with 3 original equipment manufacturers (OEMs) located in Bangalore, Andhra Pradesh, and Jaipur, and market our products under our own brand name.
- We have been selling and marketing our products via Amazon, Flipkart, Jiomart & Meesho and from our own e-commerce website as well.
- More than 90% of our revenue is from sales through major 3rd party eCommerce platforms and the remaining 10% of our revenue is generated through our own eCommerce platform and B2B Sales (major clients are IIM and Indiamart).
- We have nearly doubled our revenue since the previous year, and we see a tremendous opportunity in the online market for further growth.
- The business has a valid GST and an MSME certificate.
Products & Services Overview
- Our business involves both the manufacturing and trading of furniture and home furnishings, with a diverse portfolio of 70+ products.- Primary products are study tables, coffee tables, stools etc.
- We have two registered brands and our products are sold under our brand names.
Assets Overview
Two well known and best seller registered brands under two different classes.Laptops, printers, and other small furniture.
Stocks and packaging.
Facilities Overview
We have rented out a 3,200 sqft area for our warehouse, where to store, pack and ship all our products. Monthly rent of INR 42,000 and the agreement is renewed yearly.
Capitalization Overview
Our initial funding is bootstrapped, recently we have taken INR 30 lakh loan from banks to increase our products and build good inventory.
Recent Activity
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Earlier than 15 daysOperations Manager, Furniture, Delhi, Individual Investor / Buyer connected with the Business
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