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Furniture Company for Sale in Mumbai, India

For Sale: Non-operational company into manufacturing and supplying furniture fittings.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 143 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Furniture
Locations  Mumbai
Local Time 3:21 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 300 thousand (Native Currency: INR 25,000,000)
Reason: Promoters are moving abroad with families.
Includes physical assets worth USD 51 thousand
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Business Overview
- Not generating revenue for 6 months due to financial crunch.
- Have catered to 35 clients to date. We have an order value of INR 18 lakhs.
- Manufacturing capacity is 35,000 door closers monthly but currently manufacturing 2,000-3,000.
- We are 3 experienced directors in a company with more than 20 years of corporate & manufacturing experience.
Products & Services Overview
Door closers, floor springs, patch fittings, drawer handles, door stoppers, castor wheels.
Assets Overview
Machines worth INR 25 lakhs & infra worth INR 18 lakhs.
Facilities Overview
Our manufacturing setup is in a 3,000 sqft area at Vasai industrial area with fully equipped manufacturing machines and setup. It is located in the north of the city. The monthly rent is INR 35,000.
Capitalization Overview
- Business is currently 100% funded by three promoters with a shareholding of 50% with one promoter and 25% each with another two promoters.
- Company has no debts or liabilities.
Recent Activity
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1 Buyer contacted this Business this month. Register below to connect now!
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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