Listing Details : LB-14840

Investment Required 75 Lacs
Turnover 20 Lacs
Legal Entity Proprietorship
Category Retail
Sub Category Electronics & Utility
Business Listed By Business Owner

Overview

A thriving home appliance retail business in Gondia, Maharashtra, is currently seeking a financial partner or considering an outright sale. This business not only sells a variety of home appliances but also offers a workshop for repairs and after-sales services, enhancing customer satisfaction. The premises include a 400-square-foot godown, valued at 35 lakhs, providing ample storage for inventory. With a solid customer base of over 100 clients, the business has established a reliable presence in the local market. The owners have a strategic proposal to trade and market their own manufactured products through a contract manufacturer. Additionally, they are looking for a second round of funding to bolster marketing efforts and establish their own brand in the competitive home appliance sector. This presents a unique opportunity for investors interested in a business with growth potential and a commitment to quality service. Partnering in this venture could lead to substantial returns, especially with the growing demand for home appliances in the region.

Year of Establishment

N.A

No. of Employees

2

Current Status of Business

Running

Business Relocatable

No

Purpose of Joint Venture

Financial ()

Role of New Partner

Active

Property Type

Owned

Property Value

40 Lacs

Property Classification

Commercial

Describe Property

Office and a warehouse

Proposed Deal Structure

N.A

Competition / Market

Yes

Products & Services

Home appliances like kitchen equipments and general home items

Growth Potential

Very High

Financial Details

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