Furniture Business Investment Opportunity in Chennai, India
Business that deals with premium quality furniture seeks investment to expand it's online sales.
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 160 thousand |
| Run Rate Sales | USD 350 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Furniture |
| Locations | Chennai |
| Local Time | 11:37 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
146 thousand
for
25.0%
stake
(Native Currency: INR 12,500,000)
Reason: Funds required to increase the online sales by advertising and marketing as well as increasing the n...
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Includes physical assets worth
USD
290 thousand
Interested to connect with advisors
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Business Name
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Documents
Profile
(3.4 MB)
GST Certificate
(140.1 KB)
Business Overview
- We are manufacturing, buying, and supplying furniture in natural woods of premium-quality furniture that is teak, oak, and rosewood.
- We cater to homes, hotels, and apartments.
- We are also into retail sales of home Interiors as well as hospitality sector interiors like modular kitchens, modular wardrobes, furniture & decor.
- Presently, the majority of the revenue comes in from retail sales. We have a retail store as well as an online shop on our website.
- Our key clients are Radisson, ITC Hotels, Shriram Group, and Sterling Holidays.
- The development and maintenance of the website are outsourced.
- On average we have 4-5 projects in a year and a project takes a year to be completed.
- Currently, we are working on 2 tower projects for the Shriram Group.
- We cater to homes, hotels, and apartments.
- We are also into retail sales of home Interiors as well as hospitality sector interiors like modular kitchens, modular wardrobes, furniture & decor.
- Presently, the majority of the revenue comes in from retail sales. We have a retail store as well as an online shop on our website.
- Our key clients are Radisson, ITC Hotels, Shriram Group, and Sterling Holidays.
- The development and maintenance of the website are outsourced.
- On average we have 4-5 projects in a year and a project takes a year to be completed.
- Currently, we are working on 2 tower projects for the Shriram Group.
Products & Services Overview
Oak, rosewood, and teakwood furniture including bedroom furniture, dining room furniture, and office furniture. Home interiors and hospitality sector interiors like modular kitchens, modular wardrobes, furniture & decor.
Assets Overview
Plant and machinery and average inventory worth INR 2.3 crore.
Facilities Overview
Rented facility for a factory that is about 5,000 sq. ft. with a monthly rent of INR 30,000 and a rented retail office space of 3,800 sq. ft. with a monthly rent of INR 60,000.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManagement, Electrical And IOT, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO & VC, Application, Automation ,consulting, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Business Consultancy, Bangalore, Individual Investor / Buyer connected with the Business
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