Furniture Company Investment Opportunity in Bangalore, India

Manufacturer of household tables & furniture that sells products through retail stores and eCommerce websites.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 470 thousand
Run Rate Sales USD 560 thousand
EBITDA Margin 10 - 20 %
Industries Furniture
Locations  Bangalore
Local Time 7:59 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 70 thousand for 15.0% stake (Native Currency: INR 5,000,000)
Reason: We have secured private label contracts from Flipkart and organised retail chains and we need to sca... View More
Includes physical assets worth USD 20 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

Company manufactures portable tables and household furniture and sells them through its tie-ups with 4 retail stores and 2 eCommerce websites. Have tie-ups with 4 big retail chains which are Metro Cash & Carry, Spar Hypermarket, Pai International and MK Retail. Our eCommerce tie-ups are with Flipkart and Amazon. We manufacture the products under own brand name as well as under the brand name of retail chains and eCommerce companies.

Generate 70% revenue through eCommerce websites and 30% revenue through offline retail stores. About 50% of the products sold are under own brand name and rest 50% are under retail chains & eCommerce company's brand name. We have been awarded the Gold seller status by Flipkart for 2 consecutive years. We currently meet 3,500+ online orders per month. Our products have high ratings on eCommerce websites with low product returns from customers.

Over the last 3 years, we have become one of the fastest growing sellers in the small furniture category, doubling our production YoY through investments in automation and continuous process improvements. Our USP is the ability to work with both wood & steel category and to rapidly prototype using the latest technology.

Company has well established processes and automated accounting / reporting systems. With the current work from home requirements, we are unable to cater to high demand. Business owned assets include machinery and office equipment. We have a strong banking relationship with State Bank of India. Have tie-ups with 20 suppliers for procuring raw materials.

Products & Services Overview

Portable laptop tables, knock down tables, shoe racks, ironing boards, laundry hampers, cloth drying stands.

Facilities Overview

We operate out of a 3,500 sq ft single floor unit located in the wood working industry in Bangalore. The unit is rented. We have the ability to double the floor area by building a mezzanine floor.

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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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