Furniture Company Investment Opportunity in Indore, India
| Established | 30-40 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 7 - 8 million |
| Run Rate Sales | USD 10.8 million |
| EBITDA Margin | 15 % |
| Industries | Furniture |
| Locations | Indore |
| Local Time | 8:42 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
- Company designs and produces furniture that is used by office, classroom, library, laboratory, hostel, cafeteria, auditorium, lecture hall such as desks, storage, rack chairs, and tables.
- We have clients across the country with more than 20 sales partners.
- Some of our clients are VIT, IIT, IIM, Jio, DMart, ITC, Sun Pharma, IISE, Eicher.
- We also undertake 5-6 big turnkey projects per year. Each project is worth INR 2-10 cr.
- We regularly participate in Govt tenders for govt projects. The Govt projects we have done in the past were worth INR 22 cr.
- Our facility is one of the widest manufacturing factories in Indore with enough space for molding, sheet metal cutting, testing, assembly.
- Have developed new products that are design patented in India.
- Have attended multiple industrial exhibitions in Dubai, China, Nigeria to start exporting our products.
- Raw materials are sourced from various locations in Madhya Pradesh and Uttarakhand.
- Promoters have more than 40 years of combined experience in this industry.
- Business owns the land, factory, machinery, equipment, inventory, patents, website.
- Last year the sales were less due to the pandemic but have been increasing this year in spite of pandemic.
- Our current year revenue has increased due to introduction of new products.
Currently operating in a 6,600 sq ft manufacturing space. This is owned by one of the promoters and we are planning to convert this place into a showroom and office in the future.
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Earlier than 15 daysPartner, Investment, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Noida, M&A Advisor connected with the Business
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Earlier than 15 daysIndependent Advisor, Bengaluru, Financial Consultant connected with the Business