Home Appliances Company Investment Opportunity in Padapai, India
|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|
- 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.
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.
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.
Earlier than 15 daysCEO, Legal Services, Chennai, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysDirector, Home Appliances Manufacturing, New Delhi, Individual Investor / Buyer connected with the Business
Earlier than 15 daysManaging Director, Mumbai, Merchant Bank connected with the Business