Profitable Sport Goods Company Investment Opportunity in Chennai, India

- We are the exclusive distributors in India for a well known international badminton equipment brand.

- The manufacturer is considered a market leader in badminton equipment segment in Europe and has market presence in more than 40 countries.

- Currently, we import and sell their products in Karnataka, Tamil Nadu, and Kerala.

- Have 1 wholesale vendor in Karnataka who directly buys from us and then sells to retailers in the state.

- Distribution to retailers in Tamil Nadu and Kerala are handled directly by us.

- In total, we sell our products directly to 50 - 60 retailers in these states.

- Distributor contract is to be renewed every 2 years at no charge.

- Business is financially healthy and enjoys gross margins of 50%

- Physical assets owned by the business include inventory, furniture, and other operating assets.

- Promoter has over a decade of experience in the sports equipment and trading business.

Badminton rackets, shoes, kit bags, apparel, accessories - Exclusive distributors of Denmark based successful brands of badminton equipment.

Products stocks worth INR 3 crore in the warehouse.

Rental office space of 1,200 sq. ft. and rental warehousing space of 2,500 sq. ft. Both facilities are located in Chennai. The cumulative monthly rental expense is INR 1.1 lakh.