Listing Details : LB-14408

Investment Required 5 Crs
Turnover N.A
Legal Entity Proprietorship
Category Internet & Technology
Sub Category E Commerce
Business Listed By Founder

Overview

An E-commerce business of Home furnishing products which is based in YamunaNagar, Haryana is seeking funds to re-establish their manufacturing unit under our own brand name. As of now we have our office which is on rental basis and the rental that we are having is Rs 40,000. Previously we had a tie up with E-bay for the same but due to some conflicts we have back out from their partnership and now we want to re-establish the same with our own manufacturing unit. We will be specialised in exporting our products to USA, UK and Australia. Previously We have been exporting Home Furnishing products to US, UK & Australia through eBay.com & have achieved a turnover of Rs. 100000.00 (One Lakh) per day OR 1200-1500 $ per day. But for establishing our own manufacturing unit and then the export of same, we require the capital and because of our expertise in this we are planning to operate on larger level from the start only. It is estimated that from the investment we require, we will be able to generate 30 crores of turnover on annual basis.

Year of Establishment

2012

No. of Employees

3

Current Status of Business

Closed

Business Relocatable

Yes

Purpose of Joint Venture

Financial ()

Role of New Partner

Management

Property Type

Leased

Rental per Month

40 Thousand

Proposed Deal Structure

5 crores of funds with 49% of equity dilution

Competition / Market

Yes in USA, UK & Australia

Products & Services

Home Furnishing Products like Bedsheets, Duvet Cover, Pillow Cover, Runners, Bed Skirts, Curtains, Duvets, etc.

Growth Potential

US market alone has a net sales revenue of these products around Rs 1.50 Lakh Crores

Financial Details

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