Small Kitchen Utensils Business Equity Stake For Sale in Haldwani, India
Seeking investors for a growing wooden kitchenware and home items production business with skilled carpenters.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 26.5 thousand |
| EBITDA Margin | Nil |
| Industries | Wood Products + 1 more |
| Locations | Haldwani |
| Local Time | 5:02 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
55 thousand
for
49.0%
stake
(Native Currency: INR 5,000,000)
Reason: To establish plant & machinery and for working capital.
Seeking an investor with prior experience i...
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Includes physical assets worth
USD
22 thousand
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Business Name
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Business Overview
- Business that manufactures and retails wooden utensils, coasters, and chopping boards.
- The legal entity was registered 7 years back but it was involved in a completely different line of business earlier. We pivoted the business six months back and registered a completely new brand name for it.
- We started selling products under this brand name only 6 months back and the monthly sales from it are only INR 2 lakh at the moment.
- The business has 3 carpenters and 2 workers for packaging and it requires these employees to maintain operations at the current level.
- The conversion of this entity into a private limited company is underway and the investor will get a share in that particular private limited company.
- Our business has a registration certificate and GST certificate.
- The legal entity was registered 7 years back but it was involved in a completely different line of business earlier. We pivoted the business six months back and registered a completely new brand name for it.
- We started selling products under this brand name only 6 months back and the monthly sales from it are only INR 2 lakh at the moment.
- The business has 3 carpenters and 2 workers for packaging and it requires these employees to maintain operations at the current level.
- The conversion of this entity into a private limited company is underway and the investor will get a share in that particular private limited company.
- Our business has a registration certificate and GST certificate.
Products & Services Overview
The company offers a broad range of wood-based products, spanning from furniture pieces to everyday kitchen items. Sales are primarily driven by compact wooden kitchen accessories such as coasters and cutting boards.
Assets Overview
Tangible assets include:- Small setup of 5 machines for woodworking.
- Office fixtures and furniture.
Facilities Overview
- Operating from a proprietor owned facility in Haldwani.- 2,000 sq. ft facility.
Capitalization Overview
- Currently this is a sole proprietorship with a single owner. We will soon be converting this into a private limited entity.- There are no loans on the business. The owner used his own funds to invest into the business.
- The initial investment was INR 50 lakh, INR 30 lakh went into working capital while physical assets worth INR 20 lakh were acquired.
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