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Furniture Store for Sale in Coimbatore, India

Franchise furniture retail stores with 8 outlets in 5 major cities and receiving 75-100 orders/month.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 400 - 500 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 20 %
Industries Furniture Stores
Locations  Coimbatore
Local Time 11:20 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 500 thousand (Native Currency: INR 40,000,000)
Reason: The partners are also into other businesses and are finding it challenging to spend time and focus o... View More
Includes physical assets worth USD 230 thousand
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Business Overview

- Franchise furniture retail stores with 8 outlets in 5 major cities - Chennai, Coimbatore, Kochi, Bangalore and Pondicherry.

- Operating under 3 top furniture brands in India.

- Our products include furniture, home interiors, home decors and commercial interiors.

- Highest revenue generating outlets are 2 OMR outlets in Chennai, 2 Coimbatore outlets - Peelamedu & RS Puram and the Kochi outlet - Edapally near Lulu mall with INR 7 - 10 lakhs per month.

- Out of the 3 brands, 5 stores are under 1st brand, 2 stores under 2nd brand, and 1 store under the 3rd brand name.

- For the brand with the maximum number of stores, a one-time royalty fee of INR 25 lakhs has been paid, which has lifetime validity. A commission of 12-15% on each order is being received.

- For the other 2 brands, a royalty fee of INR 35 lakhs and INR 40 lakhs has been paid. The validity is till 2028 and can be renewed. A commission of 10.5% on each order from 1 brand and 13% & 45% from another brand is being received.

- Sales are completely online, where order will be placed on the brand's app/website, and dispatching will be done from our stores.

- We get about 75-100 orders per month from each store.

- Growing business and monthly sales of INR >4 to 8 Crores can be projected in the coming years.

Products & Services Overview

Our products include furniture, home interiors, home decors and commercial interiors.

Furniture is the top selling product.

Highest revenue generating outlets are 2 OMR outlets in Chennai, 2 Coimbatore outlets - Peelamedu & RS Puram and the Kochi outlet - Edapally near Lulu mall.

Assets Overview

Display product inventory worth INR 1.3 Crores,

Electronic assets worth INR 30 Lakhs,

Other assets such as centralized AC etc. worth INR 30 Lakhs.

Facilities Overview

8 franchise retail outlets at all major cities:

- Chennai - OMR (2 stores) & Anna Nagar.

- Coimbatore - Peelamedu & RS Puram.

- Kochi - Edapally.

- Bangalore - Electronic city.

- Pondicherry - Reddiyarpalayam.

Rental Advance close to INR 60 lakhs is paid.

Average area of all the stores is 1,500 - 2,500 sqft.

Rent for all the stores combined in INR 9 lakhs/month.

Capitalization Overview

Business if completed funded by owners.

There are no outstanding debts or loans.

There are 4 owners, holding ownership of 25% each.

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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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