Exciting Furniture Mfg Firm Raising Funds In Lucknow

Listing ID: SL016128
Posted By: Owner
Last Active: 2+ months ago
Verified User Information
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Product / Service

Side/end tables
Study tables
Baby cradles
Kids study table
Puffys

Clientele type

Online: Amazon, Flipkart
They also operate in B2B channel during heavy peak season.

Premises

The business is operating from promoter's home.

Asking Price Includes

The terms of transaction will be discussed with potential investors.

Reason

They are looking to expand their existing business. The Funds will be utilized in the following categories -
1. Land - 30 Lacs. They are planning to move to a commercial area.
2. Raw Materials - 15 Lacs
3. Construction - 15 Lacs.

Other Details

They are a Furniture Manufacturing firm with a R&D team that develops unique product designs which have become popular in a very short span of time.
Their side/end tables are listed as the 2nd Best Seller on Amazon,
They have already generated a revenue of INR 30 Lacs in the First Two Quarters of FY24.
They currently have Two CNC Machines worth INR 14 Lacs.
They currently operate out of the Proprietor's Home.

Business Tags

Exciting Furniture Manufacturing Firm Raising Funds In Lucknow

₹10 to ₹200 Cr

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