Electronics Store Seeking Loan in Bangalore, India
Rapidly growing electronics retail chain with 60 outlets seeking funding to expand across South India.
| Established | 10-20 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 2.1 million |
| Run Rate Sales | USD 2.1 million |
| EBITDA Margin | 15 % |
| Industries | Electronics Stores |
| Locations | Bangalore |
| Local Time | 12:54 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Seeking Loan
USD
9.4 million
for
10.0%
annual interest,
1
year
(Native Currency: INR 800,000,000)
Reason: The company is seeking funding to expand across South India by opening additional branches.
The com...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
4.1 million
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Company Profile - Advisor Company
(4.3 MB)
Business Overview
- Based in Karnataka, this business is a multibrand retail chain specializing in electronics, offering a wide array of popular items such as TVs, washing machines, and kitchen appliances.
- Established 15 years ago, the company has experienced rapid growth and expansion, becoming a well-known entity in the electronics retail sector.
- The business operates with a workforce of 100 employees, who contribute to maintaining efficient store operations and excellent customer service.
- Known for its strong service network, the retail chain provides reliable after-sales support, enhancing customer satisfaction and fostering brand loyalty.
- The primary customer base includes tech-savvy individuals and families looking for high-quality electronics and appliances, as well as value-added services.
- Revenue is generated through direct sales of electronic goods in-store, with supplementary income from extended warranties and repair services, ensuring steady business growth and profitability.
- Holding both GST and MSME certifications, the company is recognized for its compliance with government regulations and its status as a micro, small, and medium enterprise.
- Established 15 years ago, the company has experienced rapid growth and expansion, becoming a well-known entity in the electronics retail sector.
- The business operates with a workforce of 100 employees, who contribute to maintaining efficient store operations and excellent customer service.
- Known for its strong service network, the retail chain provides reliable after-sales support, enhancing customer satisfaction and fostering brand loyalty.
- The primary customer base includes tech-savvy individuals and families looking for high-quality electronics and appliances, as well as value-added services.
- Revenue is generated through direct sales of electronic goods in-store, with supplementary income from extended warranties and repair services, ensuring steady business growth and profitability.
- Holding both GST and MSME certifications, the company is recognized for its compliance with government regulations and its status as a micro, small, and medium enterprise.
Products & Services Overview
The business is an electronics multibrand retail store chain, with top-selling items including TVs, washing machines, and kitchen appliances.
Assets Overview
Tangible assets: All the inventory, fixtures and fittings across all the branches.Intangible assets: Respected and well-known brand.
Facilities Overview
The company operates 60 rented outlets across Karnataka, including 20 branches in Bangalore. All the branches are company-owned.Operates from an owned office in Bangalore which is also the business' headquarters.
Capitalization Overview
The company has no debts.3 directors with shareholding split of 50%, 25%, and 25%.
Recent Activity
-
1 day, 7 hours agoExecutive Director, New Delhi, Financial Consultant connected with the Business
-
1 day, 14 hours agoFounder And Principal Strategist, Mumbai, M&A Advisor connected with the Business
Tags:
Consumer Electronics Retailer Seeking Loan in Bangalore, India
·Lend to Consumer Electronics Retailer in Bangalore, India
·Consumer Electronics Retailer Seeking Loan in Bengaluru
·Home Appliance Shop Seeking Loan in Bangalore, India
·Electronics Store Seeking Loan in Bangalore, India
·Lend to Consumer Electronics Retailer in Bengaluru
·Lend to Home Appliance Shop in Bangalore, India
·Home Appliance Shop Seeking Loan in Bengaluru
·Lend to Electronics Store in Bangalore, India
·Electronics Store Seeking Loan in Bengaluru
·Consumer Electronics Retailer Seeking Loan
·Lend to Home Appliance Shop in Bengaluru
·Lend to Electronics Store in Bengaluru
·Lend to Consumer Electronics Retailer
·Home Appliance Shop Seeking Loan
·Electronics Store Seeking Loan
·Lend to Home Appliance Shop
·Lend to Electronics Store
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Investors contacted this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 122,500+ other businesses of all sizes.
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.
You might also be interested in these businesses