- Country: India
- Industry: Retail Trade
- Stage: Start-up
- Investment size: $35,000 / min. $30,000
- ROI: 10% in 10 years
- Type of investment: Equity
We are a group of companies from Bangalore having a market size of $2 million. We need investment to maximize our reach and visibility within our potential market.
Our group is a partnership firm based in Bangalore. We are into the modular kitchen and wardrobe business and undertake kitchen, wardrobe, customized TV unit and crockery unit orders.
We started our journey in 2013 with our first store in North Bangalore. We have successfully executed more than 40 orders as on date and are now planning for an expansion with another store at a premium location in South Bangalore. Our business model is designed in SIS (Shop-in-Shop) format, where we open our store with leading local furniture store on profit sharing basis. This minimizes our operational cost and allows us to focus completely on sales and marketing activities.
Rationale for the deal
Bangalore is an ideal place for our business as it is one of the fastest developing cities of India. In true sense it is a cosmopolitan city with many people coming from different places to work. Bangalore is famously known as the IT capital of India and the IT sector is on the boom. We are seeking Investors who can invest in our business so that we can maximize our reach to our potential customers.
As per approximate calculations more than 300000 flats would be ready for possession by the mid of 2016, which provides a perfect opportunity for our business.
Use of financing
Financing is needed to enable us expand to South Bangalore. We are planning on launching a new store at a prime location.
Opportunity for the investor
We are looking for an equity investor.
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