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Furniture Stores Seeking Loan in Visakhapatnam

Showing 1 - 1 of 1 Furniture Stores Seeking Loan in Visakhapatnam. Lend to a Furniture Store, Furniture Shop or a Furniture Retailer.

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Newly Established Furniture Store Seeking Loan in Visakhapatnam, India

Reputed furniture retail store with a wide range of products and 4-5 visiting customers daily.
- Furniture store in Visakhapatnam that has demonstrated success in a good residential area. - The company has a small team of 3 employees, indicating a lean operational structure. - The business primarily focuses on the sale of sofas, beds, and mattresses, with a notable emphasis on customization of furniture to meet customer requirements. - With an average daily footfall of 4-5 visiting customers, the business caters to a diverse customer base with and products range from INR 10,000 to 2.5 lakhs, reflecting a broad market appeal. - The company sources products from reputable brands such as Recliners India and Relaxwell, indicating a commitment to quality and customer satisfaction. - The owner seeks investment specifically for material procurement and marketing initiatives, suggesting a clear focus on enhancing product offerings and expanding the customer base through strategic promotional activities. - The shop also provides customization services to it's customers for the furniture they want. It has connections with some businesses that can help making those customizations. - The business ran only for two months last year and is looking to grow even further this year.
Reputed furniture retail store with a wide range of products and 4-5 visiting customers daily.
7.2   Visakhapatnam
Run Rate Sales
USD 130 thousand
EBITDA Margin
20 %
Business Loan
USD 36 K at 10%
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