IT Retail Business Investment Opportunity in Mysore, India

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

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 800 thousand
EBITDA Margin 10 %
Industries IT Retail + 1 more
Locations  Mysore
Local Time 4:57 PM India
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 1.3 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 80 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
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
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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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