Furniture Company Investment Opportunity in Bengaluru, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 404 thousand |
Run Rate Sales | USD 485 thousand |
EBITDA Margin | 10 - 20 % |
Industries | Furniture |
Locations | Bengaluru |
Local Time | 12:14 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
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.
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Earlier than 15 daysPartner, Investment, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Packaging And Foam Manufacturer, Bengaluru, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysSenior Engineering Manager, Fintech, Hyderabad, Individual Investor / Buyer connected with the Business