32 Year Old Electronic Retail Shop For Sale In Pune
Product / Service
They offers various electrical solutions & our major Products are LED Indoor & Outdoor Lighting of various Companies like: BAJAJ ELECTRICALS LTD, HAVELLS INDIA LTD, SURYA LIGHTING & PHILIPS / CROMPTON and JAQUAR LIGHTING.
Clientele type
They cater to various sectors, including reality sector companies like VTP Reality and Neeraj Projects Pvt Ltd, the industrial sector, government sector, and walk-ins.
Premises
LEASED
Lease per month (in INR): 45.00 K
Security Deposit (in INR): 5.00 L
Carpet Area: 300 sq ft
Asking Price Includes
Complete business with stock.
Reason
The promoters are moving into the manufacturing sector of luxury electronics and the coming generation is not interested in this line of business.
Other Details
They started their business in 1990 and have been involved in the retail trading electrical industry for the past 30 years. Their experienced team has over 10 years of experience in this field.
They are distributors of DWC pipes for the Maharashtra region under the TELEREX (REX Make) brand, used for underground duct pipes for LT/HT cables. They offer a wide range of switchgears for panel builders and manufacturers and are distributors for prominent brands including Havells India Ltd, Control and Switchgears (C&S), Legrand, SCAME, Honeywell, L&T, and Schneider.
Additionally, they provide various products for different applications, including a wide range of industrial and commercial fans from brands like ALMONARD, CROMPTON, USHA, BAJAJ, and HAVELLS. They also offer electrical LT/HT cables from brands such as Polycab, KEI, and Finolex, providing complete solutions for their clients.
Their turnover for the fiscal year 2018-2019 was INR 4.5 crore, while for the fiscal year 2019-2020, it was INR 3.5 crore. They are expected to grow by 30% every year.
Keywords
Business Tags
₹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 TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted 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 maybe 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.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- 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 second-line of management?
- Are you going to run the business on 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?