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Mobile Shop for Sale in Colombo, Sri Lanka

For sale: Online & retail store for mobile accessories & tech gadgets.
This Business is on a Premium Plan
Established 1-5 year(s)
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
Locations  Colombo
Local Time 7:29 PM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 100 thousand (Native Currency: LKR 35,000,000)
Reason: Owner is migrating to a different country.
Includes physical assets worth USD 12 thousand
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Business Name
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Business Overview

- 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.

Products & Services Overview

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.

Assets Overview

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.

Facilities Overview

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.

Recent Activity
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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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