Electronics Store Seeking Loan in Sharjah, United Arab Emirates

UAE based E-commerce & retail business entity seeks funds for further expansion of retail stores.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 1.6 million
EBITDA Margin
0 - 10 %
Industries
Locations
Local Time
7:45 AM Ajman
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 270 thousand for 20.0% annual interest, 4.0 years (Native Currency: AED 1,000,000)
Reason: Expansion of our retail shops.
Collateral Available: USD 0
Includes physical assets worth USD 20 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

- 3-year old company dealing with electronic goods & mobile phones based out of UAE.

- We have 2 retail stores located on the main road frontage area of Dubai & Sharjah.

- We see around 25 - 30 daily customer footfalls.

- Have our own e-commerce site with around 800 registered users & 250 - 300 are repeat customers.

- On a daily basis, we get around 10-15 online orders.

- Company has its own delivery team.

Products & Services Overview

Electronics, mobile phones, home appliances & cameras.

Facilities Overview
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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