Need help?

Electronics Store Seeking Loan in Hyderabad, India

Sales and installation of speakers for cafes and clubs is seeking debt to expand.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 30 - 40 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 0 - 10 %
Industries Electronics Stores + 1 more
Locations  Hyderabad
Local Time 9:38 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 30 thousand for 12.0% annual interest, 5 years (Native Currency: INR 2,500,000)
Reason: Funds are required to expand our business further and take up more projects.
Collateral Available: USD 0
Includes physical assets worth USD 25 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Card
Business Overview

- Our business is engaged in selling DJ systems, providing audio systems like speakers, amplifiers to cafes, restaurants, clubs, events, and churches.

- We are distributors of 2 known brands in this industry and we source the products from the company.

- To date, we have served 160 to 200 clients for the business.

- We receive 5 projects for installation and sale per month.

- An installation project revenue varies from INR 50,000 to INR 2 lakhs.

- We are also engaged in wholesale distribution of the speakers, and amplifiers, we have tied up with 80 distributors for the same.

- 50% of our revenue is generated from the wholesale business.

- The business does not have any loans or overdue.

- The business has a sole owner.

- We have seen a growth in revenue as we have received more projects this year compared to last year.

Products & Services Overview

Selling DJ systems, providing audio systems like speakers, amplifiers to cafes, restaurants, clubs, events and churches.

Assets Overview

Office and store interiors, laptops, systems are included in the physical assets.

Facilities Overview

800 sq. ft. rented store located in Hyderabad.

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 viewed this Business this month.
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