Profitable Furniture Store Investment Opportunity in Jamshedpur, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 150 thousand |
Run Rate Sales | USD 260 thousand |
EBITDA Margin | 35 % |
Industries | Furniture Stores |
Locations | Jamshedpur |
Local Time | 2:02 PM Asia / Kolkata |
Listed By | Management Member |
Status | Active |
- We are the licensed partner of Ashley, renowned for international luxury furniture brands like Ashley Homestore. Our business entails importing products from countries like the US and Vietnam, where Ashley serves as our supplier. We acquire inventory directly from Ashley at cost.
- This year, our sales have experienced significant growth, primarily attributed to our new sales and marketing strategies.
- Our sales channels include B2C sales through physical store and walk-in customers, as well as B2B sales through Amazon.
- Potential to tap into a 300 crore market in Jamshedpur, with regional expansion possibilities exceeding $1 billion.
- With five years of experience in the industry, we have a strong foundation in our niche.
- We boast a customer base of over 250 individuals and primarily serve customers in the Jamshedpur region, with an average customer age of over 40 years.
- Dynamic entity engaged in offering high-quality furniture and interior solutions,
Actively collaborating with renowned brands like Ashley Furniture HomeStore, Greenlam, and exploring a potential partnership with Hafele Design Studio.
- Our product range extends to various home furnishings, such as beds, mattresses, center tables, dining tables, end tables, rugs, wall art, and other home decor items.
- Our bestsellers include sofas, making them a standout product.
- We primarily engage in B2C sales.
The physical assets include furniture, fixtures and inventory.
- Location: Marine Drive, Jamshedpur.
- Square footage: 20,000 sq ft.
- Rent: INR 6 lakhs.
- We have 2 shareholders.
- The split is 60-40.
- There are no loans associated with the company.
-
Earlier than 15 daysManager, Package Transportation, Bangalore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPrincipal Consultant, Pune, M&A Advisor connected with the Business