Household Electronics Company for Sale in Kozhikode, India

- We are distributors of white goods (TV, fridges, AC, washing machines) across Kerala.

- Have around 600 billing retails counters across Kerala.

- Number one distributor of white goods in Kerala.

- Associations with the best brands in Kerala such as Bosch, Panasonic, Voltas, BPL, Carrier, Toshiba, and Leibher.

- We are looking for a yearly turnover growth of 20 percent every year. Our turnover expectation for this year is INR 110 crore.

- For loading and unloading we have 15 more workers and we also have other executive staff that is not on the payroll as per labour laws.

We are distributors of white goods. Our top-selling products are TV, refrigerator, AC, and washing machines. We take purchases from the concerned company directly and supply them to retail shops. We manage the price and supply of the products we supply.

Right now, the Voltas line of products brings us the maximum amount of revenue.

Tangible assets:

- We keep a physical stock of INR 17 crore on average.

- We have three loading vehicles and four private vehicles worth INR 3 crore.

- We have a market outstanding (receivables) of 15 INR crore.

Intangible assets:

- We have a goodwill of 27 years of market experience.

- We have a customer list of 700 retail dealers across Kerala.

We have two rented go-downs, one in Kozhikode of 49,000 square feet, and one in Kottayam of 20,000 square feet.

We have two offices, one in Kozhikode for handling North Kerala and one in Thrissur for handling South Kerala. Both the offices are rented.

- The business is currently funded by personal capital of INR 6 crore and a bank overdraft of INR 24 crore, hence a total of INR 30 crore.

- Our company has 4 shareholders, 1 is just a shareholder, 1 is the managing director and 2 are directors. Each has a 25 percent ownership of the business.