7.5 / 10
 Jamshedpur

Renowned brands furniture store offering high-quality furniture seeks investment.

Key Business Facts
Yearly Sales USD 260 thousand
EBIDTA Margin 35 %
Industries Furniture Stores
Locations  Jamshedpur
Business Overview
- 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.
Products & Services Overview
- 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.
Capitalization Overview
- We have 2 shareholders. - The split is 60-40. - There are no loans associated with the company.
Assets Overview
The physical assets include furniture, fixtures and inventory.
Partial Stake Sale
USD 600 thousand for 25.0% stake (Native Currency: INR 50,000,000)
Reason: - Investment is required for scalability of business and market growth. - Valuation is based on pro... View More
Includes physical assets worth USD 220 thousand
Interested to connect with advisors
In talks with 2 Investors
Contact Business