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Home Audio Company Seeking Loan in Tehran, Iran

Importer and retailer of hi-fi audio systems seeks funds to establish in-house manufacturing.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 120 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 22 %
Industries Home Audio
Locations  Tehran
Local Time 9:23 AM Asia / Tehran
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 100 thousand for 20.0% annual interest, 4 years (Native Currency: IRR 4,235,000,000)
Reason: We want to try making speakers in Iran. The electronic parts can be imported from Indonesia using ou... View More
Collateral Available: USD 90 thousand
Includes physical assets worth USD 50 thousand
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Business Overview

- Retailer, importer, and exclusive agent of good audio brands from Europe in Iran.

- We sell products and spares of brands like Advance Acoustics, and Pathos Acoustics.

- The products are sold from two showrooms in Tehran.

- We own one of the showrooms and the other showroom displays and sells our products for a commission.

- We also provide repair and maintenance services to our customers.

- The company has 2 shareholders with equal ownership.

- There are no pending bank loans.

- The business has an international bank account with the Bank of Thailand to have access to international markets as Iran is under sanctions.

Products & Services Overview

Amplifiers, speakers, and CD players. We also provide spare parts and repair services.

Assets Overview

Office furniture, and inventory of products and spares.

The showroom is owned by the promoter and is worth almost IRR 16 billion.

Facilities Overview

We have an 80 sq. m. (50+30) showroom in Central Tehran. The promoter owns 300 sq. m of land near Tehran which will be used for the manufacturing workshop.

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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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