Sports Goods Store Investment Opportunity in Punjab, India

Launching an ecommerce bussiness for selling products ranging from sports, jewelry & clothing.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
11:10 AM Chandigarh
Listed By
Management Member
Status
Moderately Active
Overall Rating
Seeking Investment
USD 30 thousand for 75.0% stake (Native Currency: INR 2,000,000)
Reason: Need funds to launch an ecommerce portal. We are already supplying sport kits & cricket bats to dist... View More
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Business Overview

I am presently working with my Father. Our company is engaged in sports business in Jalandhar & manufacturer of cricket bats & sports kit bags. We are in this business for the last forty years. To grow the business we also started selling on online portals such as snapdeal. com, amazon. in, shopclues. com, rediff. com, naaptol. com.

I now plan to start a new ecommerce company where we will leverage our expertise in the existing business and sell other goods such as clothing for men, women & kids, mobile & tablets, sports & fitness, artificial jewelry etc. apart from our own sports goods.

We already have distributors across the country for sports goods, we will use these distribution channels for our other products which we plan to offer on our portal.

The funds raised will be utilized for developing an ecommerce portal and hiring support staff. We will also tie up with leading vendors.

The expected revenue & EBITDA margin cannot be determined at this point in time. However, the business plan / details can be shared with investors who are interested in this project. We want investors to play an active role in this venture. The Business Owner will take care of the day to day operations and the investor will play an important role in the decision making process.

Products & Services Overview

Sport Kits, Sporting Goods, Clothing, Jewelery.

Facilities Overview
Recent Activity
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
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 can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more