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Furniture Store for Sale in Uttarakhand, India

Furniture business with 500 customers and 50 memberships, generating monthly sales of 50 lakh.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 400 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 30 %
Industries Furniture Stores
Locations  Uttarakhand
Local Time 7:06 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 270 thousand (Native Currency: INR 20,000,000)
Reason: We want to focus on back end operations of the business like online selling, the opening of multiple... View More
Includes physical assets worth USD 270 thousand
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Business Overview

- A retail store that sells furniture, home decor, chandeliers, lighting, art gallery, wallpaper, carpets, operating since 2017.

- Fully equipped furniture factory to facilitate franchise needs timely.

- Our focus is to expand the company as a franchise model. Since this is the only outlet run by the company, we would like to covert this also as a franchise outlet and are inviting buyers for the same. The buyer would automatically become our franchise partner on acquiring this outlet and will continue to operate the store under the existing brand name.

- Have introduced a new segment of lighting and art gallery. Now converted into a one-stop home solution.

- We receive an average of 5-7 walk-ins per day.

- There have been a total of 500 purchasing customers and 50 bulk orders received since the store opened.

- Since we started offering complete home solutions with interior designing facilities recently our sales have been increased to INR 50 - 60 lacs per month.

Products & Services Overview

Store selling furniture, decor, chandeliers, lighting, art gallery, wallpaper, carpets, turnkey projects.

Assets Overview

Furniture, chandeliers, decor, carpet, assembling machines, stationary, interiors worth Rs 50 lakh.

Facilities Overview

Outlet is rented and has an area of 9,000 Sq. Ft. Rent is Rs. 2 Lakh per month. The area is fully furnished.

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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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