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Mobile Phones Business Seeking Loan in Jabalpur, India

Mobile repairing wholesale outlet having tie-ups with more than 42 retail shops.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 90 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 15 %
Industries Household Electronics Repair + 1 more
Locations  Jabalpur
Local Time 9:02 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 30 thousand for 10.0% annual interest, 5 years (Native Currency: INR 2,500,000)
Reason: We are seeking a loan for the working capital requirement and expanding our operations to mobile spa... View More
Collateral Available: USD 0
Includes physical assets worth USD 1.2 thousand
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Business Name
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Business Overview

- We operate a mobile repair business and deal in all brands & models.

- Our company has tie-ups with 8-10 local shops from where we source the repair parts.

- The promoter has experience of more than 20 years in this industry.

- We plan to open a mobile spare part shop and are seeking investment for the same.

- Our daily sales are around INR 20,000 and we have tie-ups with 42 retail outlets from where we receive our orders.

Products & Services Overview

We deal in repairing mobile phones of the brands and models.

Assets Overview

Physical assets include workshop setup and repair equipment.

Facilities Overview

The business is being operated from the ground floor of the owner's house.

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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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