Listing Details : LB-15941

Asking Price 2 Crs
Turnover 1.7 Crs
Legal Entity Private Limited
Category Trading Business
Sub Category FMCG
Business Listed By Business Owner

Overview

A Chennai-based kitchen equipment brand is available for sale or open to a joint venture partnership. The company currently collaborates with four contract manufacturers to produce a diverse product line, including cookers, gas stoves, and grinders, marketed under its own brand name. With an established presence, the business directly supplies products to a network of 30-40 wholesalers and 100 retailers, maintaining a strong foothold in the market. Operating out of a rented warehouse spanning 3,500 sq. ft., the company currently holds stock valued at ₹70-80 lakhs, with plans to scale it up to ₹1.5 crores. To further its growth, the business aims to expand its product portfolio by introducing new offerings such as mixers and induction stoves. This diversification will enable the company to capture new markets and achieve significant geographic expansion. The business seeks funding to support this growth strategy or is open to exiting the venture for the right deal. With a strong market presence and significant expansion potential, this opportunity is ideal for investors looking to enter or grow within the kitchen equipment industry.

Year of Establishment

2021

No. of Employees

17

Current Status of Business

Running

Business Relocatable

Yes

Property Type

Leased

Rental per Month

N.A

Describe Property

N.A

Competition / Market

Yes, competition is there

Products & Services

Cookers, Gas Stove and Grinders

Growth Potential

Very high potential

Reason For Sale

Not have funds for expansion

Financial Details

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