Electronics Store Seeking Loan in Pimpri-Chinchwad, India
|Legal Entity||Sole Proprietorship/Sole Trader|
|Reported Sales||USD 50 - 60 thousand|
|Run Rate Sales||USD 24 thousand|
|EBITDA Margin||30 %|
|Local Time||11:37 AM Asia / Kolkata|
|Listed By||Business Owner / Director|
- Company operates two retail shops that sell electronic home appliances such as mixers, grinders, oven, and washing machines.
- Both shops are located in prime areas in Akurdi, Pimpri-Chinchwad, near clothing stores, temples, and shopping complexes.
- We purchase the stock directly from 3 domestic manufacturers: Polycab, Meadow, and Olympus.
- We generated INR 4 lakh monthly revenue before the lockdown, and currently, we are operating only one shop and the sales have declined. Our second shop is still closed due to lockdown restrictions.
- Promoter has over 8 years of industry experience.
- Business has been running for 8 years and was re-established in 2017.
Refrigerator, washing machine, microwave, mixer grinder, and ceiling fan.
2 retail shops.
Own shops of 325 sq ft and 750 sq ft.
Earlier than 15 daysDeputy General Manager, Electrical & Electronic Manufacturers, Pune, Individual Investor / Buyer connected with this business