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Electronics Store Seeking Loan in Songadh, India

Retail store located in Songadh, Gujarat selling electronic products since 2006, receiving 30+ walk-ins.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 105 thousand
Run Rate Sales USD 105 thousand
EBITDA Margin 14 %
Industries Electronics Stores
Locations  Songadh
Local Time 8:05 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 11.7 thousand for 18.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: To buy more stocks in bulk which would be offered to us at reduced rates.
Collateral Available: USD 11.7 thousand
Includes physical assets worth USD 117 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Selling electronic products such as LED TV, Fridge, Washing Machine, Mobiles, Computer, Laptop, Sound System.
- We sell various brands like Samsung, Sony, LG, Apple, MI, Phillips, Godrej.
- Shop is located on the main road near a bus stop.
- Have served more than 6,000 customers till date.
- We receive 30 to 40 walk-ins on a daily basis.
- Have maintained stock of around INR 30 lakh at our shop.
- We buy these products directly from wholesalers.
Products & Services Overview
Selling Electronics items like LED TV, Fridge, Washing Machine, Mobiles, Computer, Laptop, Sound System and DTH recharge service.
Facilities Overview
Own property of 1,485 sq ft with a 3 floor building.
Capitalization Overview
Not Disclosed
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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