Wood Machinery Mfg Business Raising Funds In Bangalore
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About Business
The founder launched the business in 2016 with a unique machine designed for the wood industry. This machine specializes in creating precise rectangular holes with perfect right angles, offering fast operation and low running costs. Its innovative design overcomes limitations found in existing market alternatives, setting it apart from competitors.
The product has received an excellent market response due to its efficiency and reliability. It is highly scalable, as timber is available across India, making dealer network expansion feasible. Currently, the business operates in a B2C model but plans to transition to a B2B dealer network for national growth.
So far, 35 machines have been sold. Each machine is priced at INR 1.4 lakh, with a gross revenue margin of 60-70%.
Clientele type
The primary clientele includes timber businesses, timber workshops, and carpenters.
Premises
OWNED
Premise Size: 1100sq. Ft
Market Value (in INR): 40.00 L
Asking Price Includes
The founder is offering up to a 10% stake and is ready to provide a maximum of 12% interest for investment.
Asking Price
INR 25.00 L
Minimum ticket size
INR 25.00 L
Reason
To establish and meet national demand and to establish a dealer network across a potential part of India.
More Details
As of now, there are 3 employees working with the owner.
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