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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 170 thousand
Run Rate Sales USD 370 thousand
EBITDA Margin 20 - 30 %
Industries Furniture
Locations  Chennai
Local Time 7:16 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 150 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... View More
Includes physical assets worth USD 300 thousand
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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.

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
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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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