Listing Details : LB-21032

Asking Price 6 Crs
Turnover 3 Crs
Legal Entity Proprietorship
Category Retail
Sub Category Electronics & Utility
Business Listed By Business Owner

Overview

Established in 2018, this well-running industrial switchgear store in Sonipat presents a strong business opportunity for investors and traders in the electrical segment. The store operates from a 300 sq. ft. space with a highly affordable monthly rent of ₹15,000, ensuring low overhead costs. The business deals in a comprehensive range of industrial and domestic electrical products, including VFD drives, MCBs, MCCBs, contactors, relays, timers, wires & cables, lugs, glands, pipes, and various electrical panel accessories. Strategically located in an industrial area, the store has built a solid network, supplying to over 4,000 companies along with numerous retail shops. The business is associated with well-known electrical brands, enhancing its credibility and repeat customer base. With an existing inventory valued at approximately ₹1 crore, the store is fully equipped for continued operations. This is a profitable, ready-to-run venture with strong market presence and growth potential.

Year of Establishment

2018

No. of Employees

2

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Leased

Rental per Month

15 Thousand

Describe Property

N.A

Competition / Market

We are sitting near industrial area where more then 5000 factories are present and there are only 7-8 electrical shops and we supply to those shops also , we are the only who have the most stock of switchgears , so if we talk about competition its not that much and we have all the industry to supply our goods .

Products & Services

Mccb , mcb , contactors , power supply , capacitor , wires and cables , relay , Drive , connectors , lugs , pipe , fans , exhaust fan , flood light , bulb , change over , bus bar Main switch , starters , push button , indicator , ssr , gland pvc and brass both Pvc channel , mcb channel , drill machine Sensor , Timers , Cable tie , Current Transformer , a lot more

Growth Potential

If one can invest a good amount between 1-2 crore then the growth will be unimaginable because our market is vast and we have to give them credit atleast of 30 days and the margin on our products are good

Reason For Sale

Moving to another city

Financial Details

EBITDA :- 45 Lacs
PAT :- 30 Lacs
Debt :- 53 Lacs
Contact Business