Luxury Furnishing Retailer for Sale in Karnataka, India
For Sale: Well established home décor store that deals in luxury furniture and home interiors.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 236 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Luxury Furnishing Retailers |
| Locations | Karnataka |
| Local Time | 6:08 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
154 thousand
(Native Currency: INR 13,000,000)
Reason: The promoter is looking to exit this business.
Includes physical assets worth
USD
118 thousand
Name, Phone, Email
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Business Name
Available after connect
User Verification
Business Overview
- A home décor studio that instills trust, confidence, and aims to please consumers. We have a powerful design brand idea that reflects our desire to meet the client's issues.
- We import the furniture and the artifacts from few manufacturers in China.
- Have tied up with various brands who supply the coverings, curtains, and flooring.
- On average, before the pandemic, we received 80-90 customers in a month.
- Due to the lockdown our business has been shut for the last 2 months, and the sales have dropped. Before that, we received revenue of INR 25,00,000 per month.
- We import the furniture and the artifacts from few manufacturers in China.
- Have tied up with various brands who supply the coverings, curtains, and flooring.
- On average, before the pandemic, we received 80-90 customers in a month.
- Due to the lockdown our business has been shut for the last 2 months, and the sales have dropped. Before that, we received revenue of INR 25,00,000 per month.
Products & Services Overview
Furniture like dining tables, home interiors, wall coverings, window blinds, flooring, and curtains.
Assets Overview
Average inventory of imported furniture and artifacts, the entire interior set up of the business along with the store furniture.
Facilities Overview
Rented single floor space of 3,500 sq. ft. on the 3rd floor with a lift facility. The monthly rent paid is INR 1,30,000 and a security deposit paid of 6 months' rent. The lease is transferable to the buyer.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysPartner, Architecture And Interior Design, Hyderabad, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFranchise Owner, Furniture, Anantapur, Individual Investor / Buyer connected with the Business
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