Furniture Business Investment Opportunity in Chennai, India
Established | 20-30 year(s) |
Employees | 10 - 50 |
Legal Entity | General Partnership |
Reported Sales | USD 160 thousand |
Run Rate Sales | USD 360 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Furniture |
Locations | Chennai |
Local Time | 12:35 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- 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.
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.
Plant and machinery and average inventory worth INR 2.3 crore.
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.
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Earlier than 15 daysManagement, Electrical And IOT, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCEO & VC, Education, IT, 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