Tile Store for Sale in Bangalore, India
Retailer of outdoor facades and interior surfaces, profitable store in Bangalore with 5+ years' operations.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 117 thousand |
| Run Rate Sales | USD 140 thousand |
| EBITDA Margin | 30 % |
| Industries | Tile Stores |
| Locations | Bangalore |
| Local Time | 7:33 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
33 thousand
(Native Currency: INR 2,800,000)
Reason: Due to personal reasons, the owner-manager of this retail-shop had to change city.
Since last 2 yea...
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Includes physical assets worth
USD
33 thousand
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Business Overview
- The business operates as a profitable retailer of outdoor facades and interior surfaces.
- The retail store has been operational for over 5 years and is situated in a prime location on a main road in Bangalore.
- Despite experiencing an average annual turnover of over INR 2.5 crore in the past, the business is currently generating a turnover of over INR 1 crore for the last 2 years due to a lack of management presence.
- Profitability has also reduced due to insufficient supervision.
- The store is fully operational on a daily basis and does not have any outstanding loans, making it financially sound. It caters to an average of 10-15 retail walk-in customers per day, in addition to serving 5-10 regular contractors, with the area experiencing significant construction activity.
- Business offers a comprehensive range of tile samples sourced directly from well-known top tile brands. Supply is obtained directly from distributors of these brands, ensuring access to products at contracted dealer margins.
- Currently operated by a team of 2 salespersons and 2 support staff.
- Seeking a buyer to take full control of the operation with the aim of enhancing profit margins. They will be provided with full support, including a repeat customer list, and the handling of orders and supply from the distributor will be managed by the mother company.
- The retail store has been operational for over 5 years and is situated in a prime location on a main road in Bangalore.
- Despite experiencing an average annual turnover of over INR 2.5 crore in the past, the business is currently generating a turnover of over INR 1 crore for the last 2 years due to a lack of management presence.
- Profitability has also reduced due to insufficient supervision.
- The store is fully operational on a daily basis and does not have any outstanding loans, making it financially sound. It caters to an average of 10-15 retail walk-in customers per day, in addition to serving 5-10 regular contractors, with the area experiencing significant construction activity.
- Business offers a comprehensive range of tile samples sourced directly from well-known top tile brands. Supply is obtained directly from distributors of these brands, ensuring access to products at contracted dealer margins.
- Currently operated by a team of 2 salespersons and 2 support staff.
- Seeking a buyer to take full control of the operation with the aim of enhancing profit margins. They will be provided with full support, including a repeat customer list, and the handling of orders and supply from the distributor will be managed by the mother company.
Products & Services Overview
Top selling products include wall & floor ceramic tiles.Clients include both daily walk-in retail customers & building contractors in the area.
Assets Overview
Physical assets include the inventory, display & storage equipment (metal-stands & racks), computers, printers, and furniture.
Facilities Overview
Showroom & display area covering 1,600 sq ft in addition to a parking area.Location: on main road, ground floor, good frontage, near to Outer Ring Road - North Bangalore.
Space is rented - owner is open to renewal and continue the business; new agreement can be made.
(Indicative charges: deposit - INR 5L negotiable and rent - INR 50k/month)
Capitalization Overview
Self-funded.No outstanding loans or liabilities.
There is 1 owner, holding 100% shares in the business.
Recent Activity
-
1 day, 1 hour agoDirector, Consulting, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysIndependent Advisor, Bangalore, Business Broker connected with the Business
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Earlier than 15 daysCardiologist, Healthcare, New Delhi, Individual Investor / Buyer connected with the Business
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