Soft Furnishing Store for Sale in Jalandhar, India
Franchised outlet of a retail brand for home decor & gifts.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 60 - 70 thousand |
| Run Rate Sales | USD 47 thousand |
| EBITDA Margin | 25 % |
| Industries | Soft Furnishing Stores + 1 more |
| Locations | Jalandhar |
| Local Time | 9:35 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
85 thousand
(Native Currency: INR 7,500,000)
Reason: Promoters are moving abroad to manage their other business.
Includes physical assets worth
USD
56 thousand
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Business Overview
- Unique franchised outlet of a retail chain brand that is well known for home decor and gift items collection like paintings, statues, wall hangings, crockery, clocks, and carpets.
- All our products are sourced from the franchisor at a discounted margin and are sold at the price marked by the brand. Our collection includes Indian and imported products from different countries with very strong quality and business potential.
- Outlet is located in a commercial area in Jalandhar near jewelry stores, banks, and a park.
- We received a daily footfall of 10-15 before the pandemic and generated a monthly revenue of around INR 5-6 lakh. Currently, the sales have fallen due to the ongoing pandemic situation, but we can already see signs of improvement in the market.
- We also handle bulk orders and have 20+ regular clients which include architects and interior decorators.
- Franchise agreement involves a one-time fee of INR 4 lakh and there is no monthly royalty.
- All our products are sourced from the franchisor at a discounted margin and are sold at the price marked by the brand. Our collection includes Indian and imported products from different countries with very strong quality and business potential.
- Outlet is located in a commercial area in Jalandhar near jewelry stores, banks, and a park.
- We received a daily footfall of 10-15 before the pandemic and generated a monthly revenue of around INR 5-6 lakh. Currently, the sales have fallen due to the ongoing pandemic situation, but we can already see signs of improvement in the market.
- We also handle bulk orders and have 20+ regular clients which include architects and interior decorators.
- Franchise agreement involves a one-time fee of INR 4 lakh and there is no monthly royalty.
Products & Services Overview
3D wall paintings, metal art, showpieces, decorative consoles, puffy furniture, crockery, lamps, carpets, clocks, artificial flowers, high-end wine, and whisky glasses.
Assets Overview
- Fully furnished air-conditioned showroom with office and toilet, franchise rights, business goodwill, and business running knowledge.- Interiors and furnishings worth INR 40 lakh.
- Inventory worth INR 10 lakh.
Facilities Overview
Leased shop (9 years) with 1,800 sq ft built-up showroom with exclusive interior. We pay a monthly rent of INR 1.5 lakh with a 15% increment after 3 years.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysOwner, Technical Book Publishing, Jalandhar, Individual Investor / Buyer connected with the Business
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·Gifting Business for Sale in Jalandhar, India
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·Buy Gifting Business in Jalandhar, India
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