1. Businesses
  2. Retail/Wholesale
  3. Gujarat
  4. Surat
  5. SL012672
Edit Alert

Large Format Furniture Retail Business Raising Fund In Surat

Listing ID: SL012672
Posted By: Owner
Last Active: 1 week ago
Verified User Information
emailEmail
phonePhone
googleGoogle
linkedinLinkedIn
facebookFacebook

About Business

They are planning to establish large-format Retail Furniture stores in India. They have tried and tested their model in New Zealand and they now plan to open their stores in India.

They offer products in segments like:
Office Furniture
Home Decorations
Kitchen Items
Kitchens And Bathroom Items
Flooring Items
Paint, Cleaning Items, and Chemicals.
Household Furniture
Customized Furniture
Cafe Furniture
Appliances
Lighting
Manchester
Curtains
Outdoor Furniture

Their service offerings are:
Installation Services
Van Hire For Self Delivery
Financial Services
Interior Design Services
Assembly Services At Home
Pick up old furniture
E-Commerce Services
Delivery Service
Children's Play Area

Clientele type

They will cater to B2B clients and D2C clients.

Premises

Shops will be 30,000 m2 in floor space.

Asking Price Includes

The terms of the transaction will be discussed with potential investors.

Asking Price

INR 40.00 Cr

Minimum ticket size

INR 10.00 Cr

Reason

They have already procured the land, they are seeking funds/strategic partner to help them establish business in India.

More Details

The founder is a civil engineer by trade and ended up being a hardware retailer after the recession of 1989. They bought a franchise business of a hardware chain in New Zealand. They grew that business 37 times in 19 years. They sold the business after running it for 29 years and after 10 years of research, they opened their large format furniture retail store in New Zealand. However, due to covid, they had to close their business due to lockdowns. Their offerings:
All under one roof: Find all products from furniture & décor to flooring, paint, cleaning, Whiteware appliances, and custom, and kitchenware items all under one roof.

Visually Immersive: Customers can visualize and feel exactly how a piece of furniture might fit into their homes, enabling better decision-making.

Design Experts: Consumers may seek inspiration from our 100+ room settings and also the expertise of our in-house interior decorators on how to best design their homes.

Customized Furniture Needs: Recognising diverse homeware needs, we offer personalized furniture tailored to individual customers.

Innovation & Freshness: Bringing innovation & fresh designs to a stagnant & repetitive Homeware sector.

They initially plan to launch their megastore in Ahmedabad or Surat and then create a sales channel in cities like Hyderabad, Chennai, Coimbatore, Pune, and Bangalore.

Keywords

Home Furnishing business opportunities in Surat , Franchise opportunities in Surat , Home Furnishing business investment in Surat , Home Furnishing business opportunities , Business opportunities in Surat , Home Furnishing investment opportunity in Surat , Invest in Home Furnishing business in Surat , Home Furnishing business raising funds in Surat , Funding Home Furnishing business seeking investment in Surat , Funding Home Furnishing business seeking funds in Surat , Funding Home Furnishing business investment opportunity in Surat

Business Tags

Furniture retailing similiar to Ikea Large Format Furniture Retail Raising Funds In Surat

₹10 to ₹200 Cr

Complete Investment Banking Solution in 120 Days

Seamless Fundraising/M&A transactions

Start your growth journey with our 25+ Years of Experienced Professional Team.

Contact IBGrid Team

You may also like

View All

Explore Nearby locations

Show More (6)

Explore by Industry

Show More (8)

Explore by Industry

Show More (8)

Ask Us Anything

To connect with the owner of this Large Format Furniture Retail Business Raising Funds In Surat:
  • Register on IndiaBizForSale platform
  • Click on the “Contact Business” button on the business detailed page
  • Connect with the business owner directly
Note: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.

Before buying a Large Format Furniture Retail Business Raising Funds In Surat, check:
  • Growth prospects of the industry and business
  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

The business opportunity is posted either by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published.

We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity may be put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks.

We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.

IndiaBiz offers:
  • Direct connection with owners
  • Advisory services like valuation, end to end deal management
  • Business preparation like preparing Information Memorandum, Pitch deck, etc.
If you have any queries or need help, our team is here for you. You can email us at [email protected].

Yes. Once connected, you can negotiate:
  • Deal structure (cash, equity, mix)
  • Transition timeline
  • Support during handover
  • Final consideration based on due diligence

As a seller, you are not allowed to contact another seller.

You cannot contact the seller as the Business Listing is On Hold

Error Occured

You cannot contact the seller as the Business is not available Anymore.

You cannot contact the seller as the Business is Sold.

Your mobile number is verified.
Your message will be sent after you have listed
your Buying requirements (takes 2-3 minutes).
Press Next.

Your message will be sent only after you have
verified your email-id. Please check your email.
Press Next.