Kitchen Appliances Business for Sale in Bangalore, India
Exclusive retail showroom of kitchen appliances of leading pan-India, premium brand in upscale residential market.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 190 thousand |
| Run Rate Sales | USD 190 thousand |
| EBITDA Margin | 12 % |
| Industries | Kitchen Appliances |
| Locations | Bangalore |
| Local Time | 5:22 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
90 thousand
(Native Currency: INR 7,600,000)
Reason: The owner has decided to take retirement due to his age and health issues.
Includes physical assets worth
USD
34 thousand
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Documents
Udyam Registration Certificate
(916.5 KB)
GST Registration Certificate
(140.5 KB)
BBMP Trade License Certificate
(144.0 KB)
Labour Registration Certificate
(413.8 KB)
Business Overview
- Exclusive retail showroom located in Bangalore, offering a premium range of kitchen appliances from a leading pan-Indian brand, catering to the upscale residential market.
- Operates on dealership franchisee model with support provided in various aspects including advertisements, promotional materials, training, sales, service, and stock support, without the need for royalty payments.
- Franchise license renewal this year, and needs to be renewed every 3 years.
- Pull brand strategy, backed by a well-established business relationship with the company, customers, and vendors, ensuring a risk-free and smooth-running business.
- Target customer base includes middle-class and upper-middle-class households, with a strong brand presence and extensive usage in Indian kitchens, making it a household name.
- Holds all necessary business licenses for operation and has an average daily footfall of 25, attracting a significant number of repeat customers.
- Operates on dealership franchisee model with support provided in various aspects including advertisements, promotional materials, training, sales, service, and stock support, without the need for royalty payments.
- Franchise license renewal this year, and needs to be renewed every 3 years.
- Pull brand strategy, backed by a well-established business relationship with the company, customers, and vendors, ensuring a risk-free and smooth-running business.
- Target customer base includes middle-class and upper-middle-class households, with a strong brand presence and extensive usage in Indian kitchens, making it a household name.
- Holds all necessary business licenses for operation and has an average daily footfall of 25, attracting a significant number of repeat customers.
Products & Services Overview
- Our top-selling items include:Kitchen hood (chimney), hobs, stoves, mixers, grinders, cookware, cookers, and their installation, demos, and post-sales service.
- Middle-class and upper-middle-class households are our major customers. Our products are extensively used in almost every Indian kitchen for cooking purposes - Household name.
Assets Overview
Tangible assets include:- Stocks worth about INR 18 lakh to trade.
- Furniture, fixtures, interior infrastructure, computer, and printer of about INR 6 lakh.
Intangible assets include:
- Exclusive franchise license from the company.
- Over 10 years of experience and well-trained sales personnel.
- Over 3,000 loyal and repeat customers.
- The goodwill generated in the market for over 12 years now, well-established set of vendors.
- Rental deposit agreement of about INR 4 lakh.
Facilities Overview
- The store operates from a rented facility of 850 sqft on the Ground Floor and is located in a prime location in the South of Bengaluru with a monthly rent of INR 60,000.- There is 1 year left for the owner to renew the lease terms, the new buyer can continue running the business in the same place, or can move to a different location as per his comfort.
Capitalization Overview
The business is self-funded. It is a debt-free, proprietorship firm. The proprietor holds 100% ownership of the business.
Recent Activity
-
1 week agoMarketing, Agriculture, Bangalore, Individual Investor / Buyer connected with the Business
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