Household Electronic Business Investment Opportunities in Chennai

The business was established 2 years back and did good sales at the start but Covid had a bad impact on the business. - The company provides a wide range of audio and video solutions for offices as well as homes. - We also provide installation services. - The business has a good reputation in the market. - We do have some fixed clients but major revenue is generated from the new customers. - We get a lot of business from the recommendations of previously served customers. - The company can recover if the finances are invested properly as we do have some orders/projects to deliver but lack funds for the same.

Manufacture light / small home and kitchen appliances. - Offer over 40+ different products. - The products are sold under our own proprietary brand which is trademarked. - Currently sell our products only in Tamil Nadu across 12 districts with the help of 2 distributors. - Our products are sold by over 400 retailers in the state. - Manufacturing is outsourced to 8-9 OEM manufacturers across India. - We offer appliance repair and servicing ourselves and are able to offer doorstep service facilities in major cities for small appliances like dry iron boxes and ceiling fans. - We have received several awards and significant recognition for our service track record. - The physical assets owned by the business includes inventory, 2 apartment units, 2 vehicles and other operating assets. - Promoter has over 11 years of experience managing businesses including 9 years in the home appliances space.

We have experience in consumer electronics for about 7 years, and have recently started our own LED TV brand. Prior to this we were into trading of home audio products. - All our products are manufactured in Delhi and Punjab. - Have good mix of sales channel, including offline distributors, corporate & institutions. - We see the business grow about 30% to 40% every month because of the demand for our LED TV which has increased immensely. - We are aggressively adding distributors to our sales channel region and city wise. - Have about INR 50 Lakh worth of orders in hand. - We have pan India doorstep service for our products, which helps us scale efficiently. - We first plan to increase our sales to about 1,000 screens per month from our current supply of 250 screen a month. Aiming at about INR 10 crores of annual sales and then launch washing machine products by 2019.

We have experience in consumer electronics for about 7 years, and have recently started our own LED TV brand. Prior to this we were into trading of home audio products. - All our products are manufactured in Delhi and Punjab. - Have good mix of sales channel, including offline distributors, corporate & institutions. - We see the business grow about 30% to 40% every month because of the demand for our LED TV which has increased immensely. - We are aggressively adding distributors to our sales channel region and city wise. - Have about INR 50 Lakh worth of orders in hand. - We have pan India doorstep service for our products, which helps us scale efficiently. - We first plan to increase our sales to about 1,000 screens per month from our current supply of 250 screen a month. Aiming at about INR 10 crores of annual sales and then launch washing machine products by 2019.