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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 INR 1.03 crore
Run Rate Sales INR 1.24 crore
EBITDA Margin 22 %
Industries Home Audio
Locations  Tehran
Local Time 10:51 AM Asia / Tehran
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
INR 86 lakh 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: INR 81 lakh
Includes physical assets worth INR 43 lakh
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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.
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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