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Home Appliances Company Investment Opportunity in Tbilisi, Georgia

Company that imports safe locks from China and sells in Georgia is seeking equity capital.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 23 thousand
Run Rate Sales USD 27 thousand
EBITDA Margin 10 %
Industries Home Appliances + 1 more
Locations  Tbilisi
Local Time 7:06 PM Asia / Tbilisi
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 55 thousand for 40.0% stake (Native Currency: GEL 145,000)
Reason: Funds are required to establish a physical shop and buy more products. The valuation is based on the... View More
Includes physical assets worth USD 1.9 thousand
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Business Name
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Business Overview

- Our business is engaged in selling safe locks, key safes, smart door locks, and bells.

- We are importing these products from suppliers in China, we have one vendor for the key locker and 5 suppliers for other products.

- Currently, we are selling these key safes to apartment owners, individuals, Airbnb, and a few companies.

- On average, we receive about 30 orders per month.

- Have a database of 1,000+ customers and companies.

- We also have contracts with shipping companies who ship and deliver our products in Georgia.

- Business does not have any loans and is run by a sole owner.

Products & Services Overview

Safe locks, key safes, smart door locks, and bells.

Assets Overview

Computer and interiors of the warehouse. Business also owns a website.

Facilities Overview

Warehouse covering 6 sq. meters. The land is personally owned by the promoter and not the business.

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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