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Household Electronics Repair Business Seeking Loan in Pondicherry, India

Business offering mobile and laptop repair services seeking a loan for expansion of business.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 114 thousand
Run Rate Sales USD 137 thousand
EBITDA Margin 27 %
Industries Mobile Shops + 1 more
Locations  Pondicherry
Local Time 7:06 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 57 thousand for 10.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: The business is seeking a loan to open additional shops and expand its operations.
Collateral Available: USD 0
Includes physical assets worth USD 11.4 thousand
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Business Overview
- The business operates across three branches, specializing in the repair of mobile phones and laptops.
- The business engages in both retail sales and wholesale activities, located in Pondicherry and Panruti.
- Collectively, the business employs 15 staff members across its three branches.
- Each day, the retail sales segment attracts approximately 50 clients.
- The business sources mobile and laptop spare parts from suppliers based in Delhi and Mumbai for its wholesale operations.
- Wholesale transactions are conducted on a credit basis, with a repayment period of 45 days.
- The wholesale segment serves around 300 customers weekly, generating revenue between INR 5 lakh and 6 lakh, with a profit margin ranging from 3% to 5%.
- The business has applied for a trade license.
Products & Services Overview
- The business's top-selling products include mobile displays, batteries, and internal laptop parts such as motherboards.
- For retail customers, we do mobile and laptop repairs.
- For the wholesale category, the business serves clients such as Treams and BS Power.
Assets Overview
The physical assets include mobile and laptop repair tool kits.
Facilities Overview
The shops in the three branches each have an area of approximately 10 by 15 square feet, rented for INR 8,000 to INR 10,000 per month per branch.
Capitalization Overview
- The business operates as a sole proprietorship.
- There are no outstanding loans or debts associated with the business.
Recent Activity
  • Earlier than 15 days
    Consultant, Jaipur, Financial Consultant connected with the Business
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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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