Hardware Store Investment Opportunity in Aligarh, India
Hardware store trading multipurpose locks seeks investment to start manufacturing unit to boost sales.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | INR 50 - 60 lakh |
| Run Rate Sales | INR 60 lakh |
| EBITDA Margin | 25 % |
| Industries | Hardware Stores |
| Locations | Aligarh |
| Local Time | 4:11 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
INR
20 lakh
for
20.0%
stake
(Native Currency: INR 2,000,000)
Reason: The business needs investment to expand its operations by establishing a manufacturing unit for its ...
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Includes physical assets worth
INR
80 lakh
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Business Name
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Business Overview
- Business specializes in trading multipurpose locks and door handles on a wholesale basis.
- Dealership agreements are established with distributors across Kerala, Tamil Nadu, Kolkata, and Gujarat, with approximately 7 dealers in Kerala and 2 in Tamil Nadu forming the current network.
- A prominent client based in Kerala significantly contributes to the annual sales, accounting for around INR 35 lakh.
- The credit period extended to dealers ranges from 10 to 15 days.
- Possession of a GST certificate ensures compliance with taxation regulations.
- Plans are underway to initiate manufacturing operations to expand the business's trading capacity and bolster sales.
- A proposal to construct a small-scale manufacturing unit within the owned warehouse premises is being considered.
- Dealership agreements are established with distributors across Kerala, Tamil Nadu, Kolkata, and Gujarat, with approximately 7 dealers in Kerala and 2 in Tamil Nadu forming the current network.
- A prominent client based in Kerala significantly contributes to the annual sales, accounting for around INR 35 lakh.
- The credit period extended to dealers ranges from 10 to 15 days.
- Possession of a GST certificate ensures compliance with taxation regulations.
- Plans are underway to initiate manufacturing operations to expand the business's trading capacity and bolster sales.
- A proposal to construct a small-scale manufacturing unit within the owned warehouse premises is being considered.
Products & Services Overview
- The top-selling products consist of drawer locks and mortise locks.- The business exclusively engages in wholesale transactions with approximately 10-15 clients.
Assets Overview
The business owns a warehouse valued at approximately INR 80-90 lakh.
Facilities Overview
The business owns a warehouse spanning an area of 120 Sq. ft in west region of Aligarh.
Capitalization Overview
- The business currently has a loan of INR 6 lakh, with monthly installments of INR 25,000.- The business operates as a sole proprietorship.
Recent Activity
-
Earlier than 15 daysOwner, Real Estate Construction, Jaipur, Individual Investor / Buyer connected with the Business
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·Invest in DIY Store in Aligarh, India
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