Need help?

Profitable Electrical Services Business for Sale in Salem, India

Sale and service of home electronics and equipment and home automation devices with 40+ SKUs.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 330 thousand
Run Rate Sales USD 340 thousand
EBITDA Margin 35 %
Industries Electronics Stores + 1 more
Locations  Salem
Local Time 6:26 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 470 thousand (Native Currency: INR 40,000,000)
Reason: The partners want to retire from the business. We have valued the company based on the physical asse... View More
Includes physical assets worth USD 470 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Leading electronics store and electrical services provider in Salem, with a diverse range of 40+ SKUs in home theater, automation, and security equipment.
- Distinctive for the largest collection of home theater speaker systems and soundbars in India, showcasing all 7 state-of-the-art home theater technologies.
- Caters to a vast customer base of over 7,000, including individual homes, conference halls, hotels, and pubs, ensuring wide market penetration and strong community reputation.
- Extensive product offerings include home automation systems, CCTV, alarm systems, and gate automation, directly sourced from manufacturers to guarantee quality and authenticity.
- Awarded the "10 Most Promising CCTV Companies" and recipient of the "Time2Leap Awards - MSME Edition" and the "India 5000 Best MSME Awards", highlighting industry recognition and credibility.
- Operates as an ISO certified company, underscoring commitment to standards and excellence in service provision within the electronics retail and service sector.
- Provides live demonstrations of all products, enhancing customer engagement and allowing firsthand experience of premium electronics offerings.
Products & Services Overview
Sale and service of home theater equipment, home automation, CCTV, alarm system, gate automation.
Clients: Residential houses and businesses.
Top selling products are home theater systems, home automation, safety & security equipment.
Assets Overview
Tangible: All the inventory and office furniture (worth INR 4.7 crores, but want to sell at a discounted price of INR 4 crores)
Intangible: Trained workforce, customers, cash, AWS credits.
Facilities Overview
7,000 sq ft property with showroom, back office, stocks godown, front office, demo rooms and car parking. This is an own property with two floors. Property is not included in the sale but the buyer can continue by paying rent.
Capitalization Overview
The company is run by its own funds and with zero debts/loans. This is a partnership shareholding. The partners are husband and wife with 50:50 share.
Recent Activity
  • Earlier than 15 days
    Founder CEO LB FInancial Services, Kolkata, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Buyer already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more