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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 110 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 14 %
Industries Electronics Stores
Locations  Songadh
Local Time 10:32 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 13 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 13 thousand
Includes physical assets worth USD 130 thousand
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Business Name
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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.

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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