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IT Retail Business Investment Opportunity in Mysore, India

Business trading in IT hardware products now seeking funds to launch an E-commerce website.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1 million
Run Rate Sales USD 700 thousand
EBITDA Margin 10 %
Industries IT Retail + 1 more
Locations  Mysore
Local Time 3:29 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 1.2 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
Name, Phone, Email
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Business Name
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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 & 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 days
    Executive Director, Mumbai, 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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