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Household Electronics Repair Business Seeking Loan in Bridgetown, Barbados

9-year-old certified iPhone repair and sales business seeks funding to open retail store.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 30 thousand
Run Rate Sales USD 30 thousand
EBITDA Margin 40 %
Industries Mobile Shops + 1 more
Locations  Bridgetown
Local Time 8:34 PM America / Barbados
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 30 thousand for 5.0% annual interest, 2 years (Native Currency: BBD 60,000)
Reason: We are seeking funding to expand our business by opening a retail store and purchasing phone invento... View More
Collateral Available: USD 10 thousand
Includes physical assets worth USD 10 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Located in Bridgetown, we specialise in certified cellphone repairs and sales, focusing primarily on iPhone models.
- Offering nine years of dedicated experience in the mobile repair industry, we have established ourselves as a trusted service provider.
- With a strong and loyal customer base, our business extends its services to other enterprises seeking reliable iPhone repairs.
- Our strategic sourcing from a reputable supplier in China ensures that we have a steady supply of high-quality parts for mobile repairs.
- Consistently performing between 45 to 50 iPhone repairs every month, our business demonstrates both efficiency and expertise in mobile repair services.
- Solely managed by one employee, we exemplify operational efficacy in small business management within the competitive mobile shop industry.
- As a registered business, we operate with full compliance, providing confidence and assurance to our clients and partners.
Products & Services Overview
Our core services focus on iPhone repairs and sales.
Assets Overview
Tangible assets: Current stock of phones and parts.
Intangible asset: Social media page (Instagram) has 2,200 followers.
Facilities Overview
We are currently operating from home and plan to establish a physical store upon securing funding.
Capitalization Overview
Self-funded business has no loans.
Sole owner business.
Recent Activity
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1 Investor contacted this Business this month. Register below to connect now!
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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