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Home Appliances Company Investment Opportunity in Padapai, India

Chennai based manufacturer of home and kitchen appliances under a proprietary brand.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 400 thousand
EBITDA Margin 10 - 20 %
Industries Home Appliances + 1 more
Locations  Chennai + 1 more
Local Time 11:15 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 160 thousand for 45.0% stake (Native Currency: INR 12,000,000)
Reason: The investment will be used towards expanding the inventory in order to support sales. A part of the... View More
Includes physical assets worth USD 200 thousand
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Business Overview

- Manufacture light / small home and kitchen appliances.

- Offer over 40+ different products.

- The products are sold under our own proprietary brand which is trademarked.

- Currently sell our products only in Tamil Nadu across 12 districts with the help of 2 distributors.

- Our products are sold by over 400 retailers in the state.

- Manufacturing is outsourced to 8-9 OEM manufacturers across India.

- We offer appliance repair and servicing ourselves and are able to offer doorstep service facilities in major cities for small appliances like dry iron boxes and ceiling fans.

- We have received several awards and significant recognition for our service track record.

- The physical assets owned by the business includes inventory, 2 apartment units, 2 vehicles and other operating assets.

- Promoter has over 11 years of experience managing businesses including 9 years in the home appliances space.

Products & Services Overview

Light / small home and kitchen appliances including tower fans, pedestal fans, ceiling fans, table fans, rechargeable fans, gas stoves, induction stoves, immersion rods, pressure cookers and emergency lamps.

Facilities Overview

The business was earlier located in Chennai but we have recently moved to our own 5,000 sq. ft. facility in Padappai on the outskirts of Chennai. The facility is owned by the promoter and houses the corporate office and warehouse.

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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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