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Electronics Store Seeking Loan in Dimapur, India

Retail store procures and sells household appliances in Dimapur, also provides repair services.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales USD 90 thousand
EBITDA Margin 30 %
Industries Electronics Stores + 1 more
Locations  Dimapur
Local Time 5:52 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 19 thousand for 15.0% annual interest, 3 years (Native Currency: INR 1,500,000)
Reason: Seeking funds to expand the business by setting up outlets in Kohima, Wokha, and Mokokchung since we... View More
Collateral Available: USD 0
Includes physical assets worth USD 3 thousand
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Business Name
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Business Overview

- Procures household appliances from 3 suppliers based in Delhi & Guwahati. We currently have one outlet and have plans to expand to other cities in Nagaland.

- In addition to household appliances, we also buy white label smart TVs which we rebrand in our company's name before selling.

- Our company also sells massage chairs and we are the first company to do so in Nagaland.

- In the first 3 months, we have sold products to over 200 customers.

- Business owned assets include furniture, interior, inverter.

Products & Services Overview

Sales and repair of fridge, washing machine, TV, massage chair.

Facilities Overview

Rented space of 900 sq ft paying INR 16,000 per month.

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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