Mobile Shop for Sale in Colombo, Sri Lanka
|Employees||2 - 5|
|Legal Entity||Sole Proprietorship/Sole Trader|
|Reported Sales||USD 90 - 100 thousand|
|Run Rate Sales||USD 200 thousand|
|EBITDA Margin||10 - 20 %|
|Industries||Mobile Shops + 1 more|
|Local Time||7:29 PM Asia / Colombo|
|Listed By||Business Owner / Director|
- Company was established in 2017 as an online store selling phone cases which has now grown into a fully established online and retail store that sells top-end mobile accessories and tech gadgets while competing with the top players in the market.
- We have an outstanding social media presence that drives most of our sales.
- All our purchases are done locally on a cash and credit basis and sold to customers on a cash basis only. We have 12 local suppliers.
- Our main sources of sales are through social media channels, e-commerce store, and physical store.
- Our store is located in a premium location in Colombo facing the main road with ample parking space.
- 50% of our revenue is earned through online sales and the rest through offline sales.
- We have an annual growth rate of 50%
- Buyer will get the legal entity, stock, and assets worth 4.5 million, rent deposit worth 1 million for the retail store along with the ownership to the social media platforms with combined followers of over 42,000, and ownership of the website.
- We have a diversified customer base that includes high-end customers such as directors of leading companies in Sri Lanka. We also have an international customer base. This is the reason for the high growth rate.
- We will also provide details and introduce suppliers that provide products and services.
- Marketing templates will be shared with the buyer.
- Appropriate training will be provided to the team taking over the company operations for a period of one month. The buyer can request for a longer period if necessary.
We deal in products and services such as mobile accessories specializing in iPhones, apple devices, tech gadgets, gadgets & tech for automobiles. We major in the following brands:
Apple, Anker, Baseus, Logitech, WIWU, LDNIO, Xiaomi and Belkin.
Physical assets include stock in hand worth LKR 4million, showroom furniture, and equipment.
Intangible assets include a showroom rent agreement valid till march 2024 with a deposit, an Instagram page with 32K organic followers, a Facebook page with 10K organise followers, more than 360 5 star ratings, an E-commerce website and customer base.
We have a 1,000 sq ft space in Colombo 4 that has 600 sq ft dedicated for the customer and the remaining as storage space. The facility is on a rental basis.
Earlier than 15 daysGeneral Manager, Software / Product Development, Colombo, Individual Investor / Buyer connected with the Business