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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 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 20 - 30 %
Industries IT Retail
Locations  Belagavi
Local Time 6:41 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 47 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 47 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
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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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