Need help?

IT Retail Business Seeking Loan in Belagavi, India

Authorized dealers of Lenovo and Asus, selling laptops through retail store receiving 2-3 daily customers.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 250 thousand
EBITDA Margin 20 - 30 %
Industries IT Retail
Locations  Belagavi
Local Time 4:49 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 50 thousand for 10.0% annual interest, 10 years (Native Currency: INR 4,000,000)
Reason: For working capital required to increase purchasing power.
Collateral Available: USD 50 thousand
Includes physical assets worth USD 12 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- A business selling and providing services for laptops, based in Belagavi, Karnataka.

- We are authorized dealers of Lenovo and Asus products.

- Products are sold through our retail store.

- The shop is located on the main road in a well populated area.

- We receive an average of 2-3 daily customers.

- Apart from selling, we also provide repair and maintenance services.

- Products are also sold through Amazon.

- Have received the Best Seller Award from Lenovo.

- Physical assets include shop setup and inventory.

Products & Services Overview

We sell - laptops, desktop, keyboard, mouse, pen drives, printers, CPU, all other computer related accessories and also provide repair and maintenance services.

Facilities Overview

It's on main road, first floor, on rent.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

1 Investor already contacted this Business.
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more