Listing Details : LB-21736

Asking Price 65 Lacs
Turnover 1.5 Crs
Legal Entity Proprietorship
Category Retail
Sub Category Electronics & Utility
Business Listed By Business Owner

Overview

Established in 2017 and strategically located in the heart of Ernakulam's prominent commercial hub, Jew Street, this well-established electrical wholesale and retail enterprise offers an excellent acquisition opportunity for investors, traders, distributors, contractors, and entrepreneurs. Operating from a 1,500 sq. ft. showroom on a monthly rent of ₹1.13 Lakhs, the business has built a strong reputation for supplying quality electrical products to a diverse customer base, including electrical contractors, builders and developers, industrial clients, commercial establishments, institutions, offices, maintenance companies, and retail customers. The company generates revenue through both direct retail sales and wholesale distribution, supplying products to over 30 active retailers. Over the years, it has developed strong supplier relationships and enjoys recurring orders from loyal customers, ensuring consistent business performance. Offered as a running concern, the business enables a seamless takeover with minimal transition time, providing the buyer with an immediately operational venture, established market presence, and significant growth potential in Kerala's expanding electrical products market.

Year of Establishment

2017

No. of Employees

5

Current Status of Business

Running

Business Relocatable

Yes

Property Type

Leased

Rental per Month

1.1 Lacs

Describe Property

N.A

Competition / Market

Market Overview The electrical products industry in Kerala continues to experience steady demand driven by: Residential construction projects Commercial developments Industrial expansions Renovation and maintenance activities Government infrastructure projects Growing adoption of LED and energy-efficient products Electrical products are considered essential commodities, creating consistent demand regardless of economic cycles. Market Opportunity The Ernakulam market is one of Kerala's largest electrical trading hubs, serving: Builders and Developers Electrical Contractors Industries Hotels and Hospitals Government Projects Retail Customers The location at Jew Street provides direct access to a large customer base and established trading networks.

Products & Services

Product categories include: Electrical Wires & Cables Switches & Sockets MCBs & Distribution Boards LED Lighting Products Industrial Electrical Materials Conduits & Accessories Fans and Electrical Appliances Project Supply Materials Established Customer Base

Growth Potential

Significant Growth Opportunities: 1. Expand Contractor & Builder Network 2. Project Supply Business 3. Solar Products & Renewable Energy 4. Industrial Electrical Supply 5. LED & Smart Lighting Solutions 6. Government & Institutional Tenders 7. Online & Digital Sales 8. Distribution & Dealership Expansion 9. Corporate & Facility Management Accounts Revenue Growth Projection Year Potential Turnover Current ₹1.5 – ₹2.0 Crore Year 1 ₹2.5 – ₹3.0 Crore Year 2 ₹3.5 – ₹5.0 Crore Year 3 ₹5.0 Crore+

Reason For Sale

Following unforeseen family circumstances and a change in management priorities, the owners have decided to transfer the business to a suitable buyer. R.R Electric Gallery remains a profitable and well-established electrical wholesale and retail enterprise with a loyal customer base, substantial inventory, prime showroom location, and excellent growth potential. The sale presents a rare opportunity for an investor or entrepreneur to acquire a fully operational business with immediate revenue generation.

Financial Details

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