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Tile Store for Sale in Kathmandu, Nepal

Reputed tiles hardware showroom chain for sale with 3 showrooms in Kathmandu and neighboring areas.
This Business is on a Premium Plan
Established 40-50 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 2.4 million
Run Rate Sales USD 2.2 million
EBITDA Margin 8 %
Industries Tile Stores
Locations  Kathmandu
Local Time 1:06 PM Australia / Darwin
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.3 million (Native Currency: NPR 180,000,000)
Reason: The current owner is actively seeking a qualified buyer to take over the business as they plan to re... View More
Includes physical assets worth USD 1.8 million
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Business Overview

- The business has a strong foundation established 35 years ago, with a strong brand reputation across Nepal.

- We were the first dealer and distributor of India's top tile brand in Nepal.

- In addition to this, we also have dealership agreements with other brands like Jaguar Bathware, Marvel Pipes, Vikings, and Troika.

- The monthly foot traffic is 500-600 customers per showroom.

- Outstanding Google review ratings exceeding 4.5 stars for each showroom.

- Robust social media presence, garnering over 17 lakh Facebook impressions since March 2021.

- The drop in run rate sales from last year is due to the economic downturn faced in the Nepalese market.

- Our valuation is on the lower side since along with the assets, the liability of NPR 15 Crores is also transferred to the buyer on the sale of the business. This means the buyer will be liable to pay the loan after purchase.

- This listing is created by one of the owner's family members who reside in Australia. However, the business and the owner reside in Nepal.

Products & Services Overview

- We specialize as the longest-standing dealer and distributor of one of India's top tile brands in Nepal.

- Our showrooms offer an extensive range of tiles and a comprehensive selection of hardware, sanitaryware, and pipes for all home needs.

- Additional offerings include plumbing services, ensuring holistic solutions for customers.

- Expertise extends to interior design services, providing tailored solutions to enhance living spaces.

Assets Overview

- The tangible assets of the business include the inventory valued at NPR 21 Crores approx and fixed assets including showroom furniture and fixtures amounting to around NPR 3 Crores.

Our strong suit of intangible assets are the:

- Exclusive brand name rights and dealership agreements secured with industry leaders.

- Ensured seamless transfer of all lease agreements with a 10-year validity.

- Strong digital footprint that includes Google Business Profiles, Facebook, Instagram & TikTok pages.

Facilities Overview

- Three upscale tile and hardware showrooms with a combined display center area of 5,000 Sq Ft and a combined inventory area of 6,000 Sq Ft approximately.

- They are located in the capital city of Nepal, Kathmandu, and other areas like UN Park- Lalitpur & Pepsicola- Jadibuti.

-Each showroom features a state-of-the-art display center and inventory storage facilities.

- One flagship fulfillment center situated in Bhairawa boasts a total area of 20,000 Sq ft in addition to a 500 Sq Ft display center.

- Our showroom is the biggest showroom of this particular well-known Indian tile brand in the entire Nepal region.

- All showrooms and facilities have long-term leases for a period of 10 years with an agreement to extend them.

- The lease is approximately NPR 5 lakh per month for each showroom.

Capitalization Overview

- We started this company with personal funding.

- Only one shareholder with 100% equity ownership.

- Total loan & debt of the company amount to NPR 15 Crores approx.

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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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