Profitable Home Appliances Company Investment Opportunity in Bangalore, India

Online platform to rent household furniture and appliances in Bangalore.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 20 thousand
Run Rate Sales USD 25 thousand
EBITDA Margin 50 - 60 %
Industries Home Appliances + 2 more
Locations  Bangalore
Local Time 9:28 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 200 thousand for 30.0% stake (Native Currency: INR 15,000,000)
Reason: Financial investment for additional inventory.
Includes physical assets worth USD 34 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- An online platform which rents household furniture and appliances.

- Founder has 5 years of experience in the industry and well aware of the rental market.

- Have around 110 registered customers on our website. Around 25% are repeat customers.

- We have 6 local vendors from whom we source the products and then give it for rent.

- In the last 2 years of our business, we have served more than 1500 customers with a personal investment of around INR 40 lakh.

- We rent these products on a monthly basis. 3 months is minimum rental duration.

- Have a set of prospective clients but unable to fulfill their requirement due to financial constraints.

Products & Services Overview

All household furniture and appliances like Dining table, single & double cot, wardrobe, Fridge, TV, AC & many more.

Facilities Overview

- Currently working from a house based office.

- Warehouse of 40 / 50 feet area on rent.

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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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