Electronic Spare Part Business Raising Funds In Chandigarh
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Product / Service
It is a shop for spare parts for home and commercial appliances like ACs, refrigerators, water purifiers, washing machines, microwaves, and more.
Clientele type
The business has regular customers that are mechanics(500+), urban company partners(550+), shops and service centres(50+), and corporate entities(10).
Premises
LEASED
Lease per month (in INR): 25.00 K
Security Deposit (in INR): 25.00 K
Carpet Area: 1,600 sq ft
They have a retail outlet of their products in Chandigarh
Asking Price Includes
The terms of transaction can be discussed with potential investors.
Reason
Buy stock and expansion of business.
Other Details
The founder has 8 years of experience in the field and has been tested by the ups and downs of the industry even during the covid pandemic. The business was established in October 2022. Earlier the founder had started his store in 2016 to a point where the business made more than INR 5 lakhs/day looking at the growth of the business the founder took a loan and established its manufacturing unit. It had to be closed due to the pandemic and the assets were sold to fulfill the loan.
The future plans of the business is to continue the trading business and introduce an application to reach pan India customers.
Business Tags
₹10 to ₹200 Cr
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