Mobile Shop Investment Opportunity in Durg, India
Sustainable electronics startup led by experienced promoter seeks investment to scale mobile reuse and recycling.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 920 thousand |
| Run Rate Sales | USD 1.39 million |
| EBITDA Margin | 2 % |
| Industries | Mobile Shops |
| Locations | Raipur + 1 more |
| Local Time | 10:53 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
115 thousand
for
5.0%
stake
(Native Currency: INR 10,000,000)
Reason: We are seeking investment to purchase machinery for refurbishing and repairing higher-end phones, de...
View More
Includes physical assets worth
USD
23 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Headquartered in Raipur, this start-up focuses on sustainable electronic waste management, specializing in the reuse and recycling of mobile phones.
- It purchases phones from over 250 retail suppliers, helping reduce e-waste.
- The company sells over 1,200 refurbished mobile phones each month, ensuring affordability and sustainability for consumers and businesses.
- With a customer base of 3,000 and 500 active clients, the business caters primarily to mobile repair shops and individual buyers.
- To enhance skills in the community, the start-up has launched a mobile repair institute, training students in valuable repair techniques.
- The business operates with a core team of 12 employees dedicated to refurbishing mobile devices and extracting usable parts for resale, and hires part-time employees as needed.
- The promoter boasts over 25 years of industry experience, providing a strong foundation for the company’s operations and strategic direction.
- Holding GST, MSME, and Startup India certifications, the business is well-positioned for growth and compliance in the mobile electronics sector.
- It purchases phones from over 250 retail suppliers, helping reduce e-waste.
- The company sells over 1,200 refurbished mobile phones each month, ensuring affordability and sustainability for consumers and businesses.
- With a customer base of 3,000 and 500 active clients, the business caters primarily to mobile repair shops and individual buyers.
- To enhance skills in the community, the start-up has launched a mobile repair institute, training students in valuable repair techniques.
- The business operates with a core team of 12 employees dedicated to refurbishing mobile devices and extracting usable parts for resale, and hires part-time employees as needed.
- The promoter boasts over 25 years of industry experience, providing a strong foundation for the company’s operations and strategic direction.
- Holding GST, MSME, and Startup India certifications, the business is well-positioned for growth and compliance in the mobile electronics sector.
Products & Services Overview
We are a young startup focused on the reuse and recycling of mobile devices.We purchase mobile phones from retailers and individuals, refurbish them when possible, or extract usable parts to sell.
The mobile phones and parts are sold to mobile repairers and shops.
We have also recently launched a phone repair institute to train students in mobile repair skills.
Assets Overview
Tangible assets:- Machinery and office equipment.
Facilities Overview
Our corporate head office is located in Raipur, with a registered branch office in Durg. Both facilities are on rented premises.
Capitalization Overview
The company has no loans. There are 5 shareholders holding 9.5% of the shares collectively, 2 directors holding 70%, and the remaining shares are held by the company itself.
Tags:
Mobile Phone Retailer Investment Opportunity in Raipur, India
·Mobile Phone Retailer Investment Opportunity in Durg, India
·Mobile Shop Investment Opportunity in Raipur, India
·Mobile Shop Investment Opportunity in Durg, India
·Invest in Mobile Phone Retailer in Raipur, India
·Invest in Mobile Phone Retailer in Durg, India
·Mobile Phone Retailer Investment Opportunity
·Investment Opportunity in Raipur, India
·Invest in Mobile Shop in Raipur, India
·Investment Opportunity in Durg, India
·Invest in Mobile Shop in Durg, India
·Mobile Shop Investment Opportunity
·Invest in Mobile Phone Retailer
·Invest in Raipur, India
·Invest in Mobile Shop
·Invest in Durg, India
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 viewed this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 124,000+ other businesses of all sizes.
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