Need help?

Electronics Store Seeking Loan in Barabanki, India

UP based electronic equipment and home appliances retailer seeking a loan.
This transaction has concluded.

Established 30-40 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 - 60 thousand
Run Rate Sales USD 49 thousand
EBITDA Margin 0 - 10 %
Industries Electronics Stores
Locations  Barabanki
Local Time 7:29 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.7 thousand for 10.0% annual interest, 4 years (Native Currency: INR 1,000,000)
Reason: The loan amount will be used in marketing, and to increase the variety of products.
Collateral Available: USD 17.5 thousand
Includes physical assets worth USD 25 thousand
Interested to connect with advisors
Business Overview
- Retailer of electronic equipment and home appliances.
- Have 15 - 20 products including LED TVs, ACs, washing machines, ceiling fans.
- Deal in 20+ brands like LG, Samsung, Whirlpool, Bajaj, Orient.
- Prices of the products ranges from INR 100 to INR 40,000.
- Average daily footfall is around 100.
- Get supplies from around 4 - 5 distributors and super stockists.
- Our most popular product is LED TV.
Products & Services Overview
Deals in all types of electronic home appliances like coolers, irons, fans, ACs, LED TVs, washing machines, etc.
Assets Overview
Furniture, 2 laptops, 2 printers, and INR 20 lakh worth of inventory.
Facilities Overview
We have a 900 sq. ft. retail outlet and a 500 sq. ft. godown which are owned by the promoter. We have also rented another 350 sq. ft. godown for which we pay INR 4,100 per month in rent.
Capitalization Overview
Not Disclosed
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.
This transaction has concluded. View similar business opportunities on SMERGERS
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.
Frequently
Asked
Questions
  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more