Household Electronics Company Investment Opportunity in Mumbai, India

Mumbai based company selling refurbished electronics and appliances through Flipkart, Amazon and eBay.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 1 million
EBITDA Margin 0 - 10 %
Industries Household Electronics + 1 more
Locations  Mumbai
Local Time 12:51 AM Mumbai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 700 thousand for 49.0% stake (Native Currency: INR 50,000,000)
Reason: Have huge opportunity to buy goods at very low rates to generate maximum profit but falling short of... View More
Includes physical assets worth USD 340 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
Business Overview

- We are in the refurbishment business dealing in wide variety of electronic equipment like Cell phones, Tablets, Small appliances, Kitchen ware and house hold items.

- Our major sales are driven through e-commerce platforms like Flipkart, Amazon and E-bay.

- Till date have sold to 80,000 online customers and 1,000 offline customers and we also have tie-ups with 40 vendors.

- Also have our own e-commerce website but we are hardly generating any revenue from it and hence looking for funds to develop our portal and increase our purchasing power.

- We are growing rapidly and have diversified our product portfolio into 15 different categories.

- Promoters have a business experience of 5+ years.

Products & Services Overview

Into sales of refurbished products like Cell phones, Tablets, Small Appliances, Kitchen Ware, House Hold, Smartwatch, Tool Kit, Small Entertainment, Home Furnishing and Camera.

Facilities Overview
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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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