Listing Details : LB-9292

Investment Required 18 Lacs
Turnover N.A
Legal Entity Proprietorship
Category Retail
Sub Category Other Retail Shops
Business Listed By Business Owner

Overview

A Closed hardware and paint retail business is available for Joint venture in Patiala. Its a 22 years old business, however it is closed from the past 2 years was running on the rental premises with the nominal monthly rent Rs.5000/- and the space of the shop is about 200 sq.ft. They were dealing in the whole range of sanitary hardware items, hardware items, and paints. Currently they are having the good in hardware like: Door locks, handles, railing, and at least 200 items in sanitary goods are available. The shop is located at very prime location of Punjab and having loyal customer base in the area. Its a highly profit marginal business with the good net profit. Company wants to dilute their 70% of the shares to the partner.

Year of Establishment

1998

No. of Employees

0

Current Status of Business

Closed

Business Relocatable

No

Purpose of Joint Venture

Financial ()

Role of New Partner

Active

Property Type

Leased

Rental per Month

5 Thousand

Proposed Deal Structure

They want active partner for running the business

Competition / Market

NA

Products & Services

Sanitary Hardware and tools

Growth Potential

High

Financial Details

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