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Consumer Electronics Company Investment Opportunity in Mohali, India

Online equipment and gadgets rental service provider in Mohali is looking for an equity partner.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 43 thousand
Run Rate Sales USD 50 thousand
EBITDA Margin Nil
Industries Consumer Electronics + 1 more
Locations  Mohali
Local Time 2:29 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 38 thousand for 88.0% stake (Native Currency: INR 3,100,000)
Reason: 2 co-founders are looking to exit the business due to other commitments. Willing to give away 88% sh... View More
Includes physical assets worth USD 7 thousand
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Business Name
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Business Overview

- Our business is into rental of camera and accessories, production or video shoot equipment, camping gears, and various event equipment.

- Started in 2019 in Mohali, currently providing services in three cities.

- Source the products from 15 suppliers. 90% of the inventory is outsourced and 10% is owned by the business.

- We pay 70% to the vendors and retain 30% of the amount collected from customers.

- Customers can place their orders on our website or via our mobile application.

- On average, we receive 150 to 200 orders per month and have 2,000 unique visitors on the website.

- Generate revenue by charging the clients for using the equipment on daily charge basis.

- Business is debt-free and has 4 shareholders, 2 of them hold 44% stake each in the company, one holds 10% equity stake and the other holds 2% stake in the business.

- Business is not generating any profit and is at break even because majority of the inventory is outsourced. Business has potential to generate more revenue by investing in inventory.

- Revenue can be further increased by expanding it to other cities as well.

Products & Services Overview

Rental of camera and accessories, production or video shoot equipment, camping gears, smoke machines and speakers used in events, as well as audio visual rentals.

Assets Overview

Laptop and inventory such as accessories and equipment.

Facilities Overview

Operating from a 300 sq. ft, office in Mohali which is on rental basis.

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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