Need help?

Electronics Store Seeking Loan in Bengaluru, India

Rapidly growing electronics retail chain with 68 outlets seeking funding to expand to 170 outlets.

Established 20-30 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 3.4 million
Run Rate Sales USD 3.4 million
EBITDA Margin 12 %
Industries Electronics Stores
Locations  Bengaluru
Local Time 10:44 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Seeking Loan
USD 9.1 million for 10.0% annual interest, 2 years (Native Currency: INR 800,000,000)
Reason: The company is seeking funding to expand across South India by opening additional branches and Produ... View More
Collateral Available: USD 0
Includes physical assets worth USD 400 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- One of the Most Trusted and Respected Retailer of Consumer Durables and Electronics in Karnataka.
- 1.5 Million Happy Customers.
- 8% EBITDA despite major categories yet to be launched.
- 7% Bangalore Market Share.
- 12% Organized Retail Share.
- Strongest Brand known for informed purchases and overall superior experience.
Products & Services Overview
Full fledged retail stores chain dealing with whole range of FMCG, home electronic items and kitchen appliances and electronic items.
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 68 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
Private Limited company with 2 directors with very good financial credibility and status.
Recent Activity
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
1 Investor contacted this Business this week. Register below to connect now!
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
    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