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Profitable Furniture Store Investment Opportunity in Jamshedpur, India

Renowned brands furniture store offering high-quality furniture seeks investment.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 150 thousand
Run Rate Sales USD 260 thousand
EBITDA Margin 35 %
Industries Furniture Stores
Locations  Jamshedpur
Local Time 5:02 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 600 thousand for 25.0% stake (Native Currency: INR 50,000,000)
Reason: - Investment is required for scalability of business and market growth. - Valuation is based on pro... View More
Includes physical assets worth USD 220 thousand
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Business Overview

- We are the licensed partner of Ashley, renowned for international luxury furniture brands like Ashley Homestore. Our business entails importing products from countries like the US and Vietnam, where Ashley serves as our supplier. We acquire inventory directly from Ashley at cost.

- This year, our sales have experienced significant growth, primarily attributed to our new sales and marketing strategies.

- Our sales channels include B2C sales through physical store and walk-in customers, as well as B2B sales through Amazon.

- Potential to tap into a 300 crore market in Jamshedpur, with regional expansion possibilities exceeding $1 billion.

- With five years of experience in the industry, we have a strong foundation in our niche.

- We boast a customer base of over 250 individuals and primarily serve customers in the Jamshedpur region, with an average customer age of over 40 years.

Products & Services Overview

- Dynamic entity engaged in offering high-quality furniture and interior solutions,

Actively collaborating with renowned brands like Ashley Furniture HomeStore, Greenlam, and exploring a potential partnership with Hafele Design Studio.

- Our product range extends to various home furnishings, such as beds, mattresses, center tables, dining tables, end tables, rugs, wall art, and other home decor items.

- Our bestsellers include sofas, making them a standout product.

- We primarily engage in B2C sales.

Assets Overview

The physical assets include furniture, fixtures and inventory.

Facilities Overview

- Location: Marine Drive, Jamshedpur.

- Square footage: 20,000 sq ft.

- Rent: INR 6 lakhs.

Capitalization Overview

- We have 2 shareholders.

- The split is 60-40.

- There are no loans associated with the company.

Recent Activity
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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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