Hardware Store Assets for Sale in Hyderabad, India

Online e-commerce website and a retail store selling electricals for construction and maintenance purposes.
This Business is on a Premium Plan
Ownership Duration
Industries
Locations
Local Time
7:59 AM Telangana
Listed By
Business Owner / Director
Status
Active
Overall Rating
Asset Sale
Asking Price: USD 140 thousand (Native Currency: INR 10,000,000)
Reason: Due to lack of funds as business requires more investments in inventory and technology.
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Assets Description

- Hyderabad based company, founded by IITians, sells electricals for construction and maintenance through its own e-commerce website and retail store.

- We have effectively launched and run the online electricals business and built a reputable brand across India with a solid turnover of INR 6-7 crore in FY15-16.

- We ran out of cash because of returns from third-party marketplaces that we couldn't liquidate. Since then, we have scaled down operations to serve local area.

- We also have a retail store and see tremendous synergies between online and offline presence.

- We see an incredible potential for online-offline (click-and-mortar) retailing in niche consumer electricals and building a brand in India similar to Home Depot or Lowe's in the US.

- This company requires investment in inventory and technology. Our brand name and presence online will be the perfect launch pad for the right businessman or investor.

- Buyer would get online website, domain, CRM account with B2C customer database, Online marketing accounts (Google Adwords, Google Analytics, Just Dial, Facebook, Twitter, Linkedin), third party marketplaces list and stock.

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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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