IT Retail Business Investment Opportunity in Mysore, India
Business trading in IT hardware products now seeking funds to launch an E-commerce website.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 940 thousand |
| Run Rate Sales | USD 700 thousand |
| EBITDA Margin | 10 % |
| Industries | IT Retail + 1 more |
| Locations | Mysore |
| Local Time | 3:35 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
1.17 million
for
30.0%
stake
(Native Currency: INR 100,000,000)
Reason: For launching the E-commerce platform and buying the inventory in bulk.
Includes physical assets worth
USD
70 thousand
Business Overview
- We trade in laptops, printers, mice, keyboards, screens among other IT products.
- Products are purchased from 12 distributors.
- We have a retail store in Mysore that receives 40 daily customers. Before covid we used to receive 60 daily customers.
- We also sell wholesale, and are currently selling to 40 retail stores and system integrator businesses.
- Now planning to start an E-commerce website for selling IT hardware products and mobile phones.
- The website has been developed by a third party and it is ready to launch.
- E-commerce site will be available for customers pan India to order from.
- Revenue has decreased due to covid-19.
- Products are purchased from 12 distributors.
- We have a retail store in Mysore that receives 40 daily customers. Before covid we used to receive 60 daily customers.
- We also sell wholesale, and are currently selling to 40 retail stores and system integrator businesses.
- Now planning to start an E-commerce website for selling IT hardware products and mobile phones.
- The website has been developed by a third party and it is ready to launch.
- E-commerce site will be available for customers pan India to order from.
- Revenue has decreased due to covid-19.
Products & Services Overview
We trade in laptops, printers, mouses, keyboards, screens among other IT products.Launching an E-commerce website for IT products and mobile phones.
Assets Overview
Inventory and office setup.
Facilities Overview
Have a rented office and retail outlet.Will be renting a warehouse in the near future to store the IT products we buy in bulk.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysExecutive Director, Mumbai, Financial Consultant connected with the Business
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