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    Shell Company for Sale in Chennai, India

    Nonoperational premium wallpaper distributor for Italian and Singapore brands available for sale.
    Established 1-5 year(s)
    Employees < 2
    Legal Entity Private Limited Company
    Reported Sales USD 24 thousand
    Run Rate Sales Nil
    EBITDA Margin Nil
    Industries Wallpaper + 1 more
    Locations  Chennai
    Local Time 12:46 PM Asia / Kolkata
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    6.5 / 10
    Compare with industry
    Full Sale
    Asking Price: USD 24 thousand (Native Currency: INR 2,000,000)
    Reason: Post covid, the market conditions weren't favorable for us to continue operations.
    Interested to connect with advisors
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    ROC-Verification.pdf
    ROC-Verification.pdf (66.4 KB)
    Business Overview

    - We were an exclusive distributor of wallpapers of well-known brands in Italy, Singapore, etc.

    - We used to handle around 3 projects monthly which had an average project value of INR 20 lakhs with a project duration of 4 months.

    - Covid affected our vendor contract renewals since the vendors decided to proceed with other distributors.

    - We discontinued operation 6 months back and are now looking to sell the entity and brand.

    Products & Services Overview

    Exclusive distributors of premium wallpapers for brands from Italy, Singapore, etc.

    Assets Overview

    - Brand.

    - Private limited entity.

    - Bank account linked with the company.

    - Website, socials, and other files.

    Facilities Overview

    Business operated from our own house which is not part of the transaction.

    Capitalization Overview

    The business has a total of 3 shareholders where the promoter owns the majority of shares (51%) and the rest owns 38% and 11% each. The entity does not have any debts or liabilities.

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    Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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    Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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