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Newly Established Luxury Furnishing Company for Sale in Coimbatore, India

Acquire a mattress manufacturing business with retail chains operating through six stores across Tamil Nadu.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 470 thousand
Run Rate Sales USD 490 thousand
EBITDA Margin 30 %
Industries Luxury Furnishing + 1 more
Locations  Coimbatore
Local Time 12:07 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.45 million (Native Currency: INR 210,000,000)
Reason: The primary director is moving out of Coimbatore and cannot continue taking care of the business.
Includes physical assets worth USD 530 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- We have six retail stores across Tamil Nadu (3 in Coimbatore and 3 in Chennai, Pollachi, and Tirupur respectively)
- Our biggest stores are in Coimbatore (3,000 sq ft) and Chennai (2,000 sq ft)
- Apart from mattresses, we also sell bed sheets and pillows.
- The marketing strategy of our company is to capitalize on Google and Meta ads.
- In addition to permanent employees, we also hire 6 contractual employees based on market needs.
- Our factory has six machines with a capacity of producing 500 mattresses every month.
- We have registered as a private limited company and also have GST and MSME certification, which will be transferred to the buyer. Other than this, the security deposits that we have paid for our retail outlets and factory will also be transferred.
Products & Services Overview
Our top-selling items are mattresses, mostly sold to architects, walk-in customers, VIPs, and VVIPs.
Assets Overview
Tangible assets: Machines, raw materials, stock and security deposits of stores & factory.
Intangible assets: Private limited registration, GST & MSME certifications and website.
Facilities Overview
All our stores and our factory are rented.
- Combined rent of all six stores is INR 5 lakh per month, and total area is 9,000 sq ft.
- Our factory is located in Coimbatore, and the monthly rent is as follows: the manufacturing unit is INR 70,000, and the storage unit is INR 30,000.
Capitalization Overview
We have three directors who have used personal loans to fund the business. The primary director has an 85% stake, and the other two directors have 5% each. The primary director's father also has a 5% share. The business additionally has an outstanding loan of INR 50 lakh.
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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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