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Household Electronics Business Seeking Loan in Dimapur, India

Retail store procures and sells household appliances in Dimapur, also provides repair services.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales USD 90 thousand
EBITDA Margin 30 %
Industries Electronics Stores + 1 more
Locations  Dimapur
Local Time 9:27 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 18 thousand for 15.0% annual interest, 3 years (Native Currency: INR 1,500,000)
Reason: Seeking funds to expand the business by setting up outlets in Kohima, Wokha, and Mokokchung since we... View More
Collateral Available: USD 0
Includes physical assets worth USD 3 thousand
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Business Name
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Business Overview

- Procures household appliances from 3 suppliers based in Delhi & Guwahati. We currently have one outlet and have plans to expand to other cities in Nagaland.

- In addition to household appliances, we also buy white label smart TVs which we rebrand in our company's name before selling.

- Our company also sells massage chairs and we are the first company to do so in Nagaland.

- In the first 3 months, we have sold products to over 200 customers.

- Business owned assets include furniture, interior, inverter.

Products & Services Overview

Sales and repair of fridge, washing machine, TV, massage chair.

Facilities Overview

Rented space of 900 sq ft paying INR 16,000 per month.

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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