Newly Established Gifting Business for Sale in Narasaraopet, India
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 6.1 thousand |
| EBITDA Margin | Nil |
| Industries | Gifting |
| Locations | Narasaraopet |
| Local Time | 7:19 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
- Revenue is generated through offline sales.
- We are a gifting business with 30 suppliers primarily selling their products at dedicated local stalls.
- We manage the stalls and charge suppliers a 15% commission on every product sold.
- The website is ready for launch, with all 30 suppliers registered and over 100 customers signed up.
- Due to time constraints, online sales have not yet begun.
- The business is a sole proprietorship with GST registration.
- Inventory worth INR 2 lakh.
Intangible assets:
- Supplier contacts.
- Website (DA 4)
- GST registration.