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Consumer Electronics Business Seeking Loan in Hyderabad, India

Sales and installation of speakers for cafes and clubs is seeking debt to expand.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 71 thousand
EBITDA Margin 0 - 10 %
Industries Electronics Stores + 1 more
Locations  Hyderabad
Local Time 10:17 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 29.5 thousand for 12.0% annual interest, 5 years (Native Currency: INR 2,500,000)
Reason: Funds are required to expand our business further and take up more projects.
Collateral Available: USD 0
Includes physical assets worth USD 23.6 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Business Card
Business Overview
- Our business is engaged in selling DJ systems, providing audio systems like speakers, amplifiers to cafes, restaurants, clubs, events, and churches.
- We are distributors of 2 known brands in this industry and we source the products from the company.
- To date, we have served 160 to 200 clients for the business.
- We receive 5 projects for installation and sale per month.
- An installation project revenue varies from INR 50,000 to INR 2 lakhs.
- We are also engaged in wholesale distribution of the speakers, and amplifiers, we have tied up with 80 distributors for the same.
- 50% of our revenue is generated from the wholesale business.
- The business does not have any loans or overdue.
- The business has a sole owner.
- We have seen a growth in revenue as we have received more projects this year compared to last year.
Products & Services Overview
Selling DJ systems, providing audio systems like speakers, amplifiers to cafes, restaurants, clubs, events and churches.
Assets Overview
Office and store interiors, laptops, systems are included in the physical assets.
Facilities Overview
800 sq. ft. rented store located in Hyderabad.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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