Profitable Furniture Company Investment Opportunity in Palakkad, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 90 thousand |
Run Rate Sales | USD 120 thousand |
EBITDA Margin | 35 % |
Industries | Furniture + 1 more |
Locations | Palakkad |
Local Time | 11:47 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Our business is in the manufacturing of furniture for homes and offices. We do the manufacturing, fixing, and custom designing for the same.
- The woodwork for tables and desks is manufactured by us and we have 10 to 15 vendors for the same from whom we source the raw material.
- Few ready-made pieces are imported from Germany, Italy, and Indonesia.
- On average, we have a production capacity to produce 20 to 25 units of furniture per month. This is based on the order.
- To date, we have done 42 projects and we receive 2 projects per month from the government.
- Working with over 20 schools, steady growth during Covid as well, we are working with Kerala government on their projects.
- Good quality product delivery and customer satisfaction is given priority.
- Business is debt-free and is run by 2 owners with equal ownership stake in the business.
- We plan to expand our business by launching a premium store for customers that would cover an area of 5,000 to 7,000 sq. ft. We have identified the space for the same and plan to take it up on a long lease for 10 years.
Furniture like desks, tables, conference tables, dressing tables, antique pieces for office and home as well as manufacturing, fixing, and custom designing for interiors.
6 laptops and 2 printers, vehicle worth INR 2.5 lakh, good in stock worth over INR 8,00,000 in value.
Rental space, 3,000 sq. ft. area built up space, two floors.
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Earlier than 15 daysManaging Principal, IT Management Consulting, Racine, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysSoftware Manager, IT, New Delhi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Turbine Manufacturers, Singapore, Individual Investor / Buyer connected with the Business