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Mobile Shop Seeking Loan in Aligarh, India

Refurbished and used phone shop, sold over 5,000 smartphones seeks loan to expand.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 90 thousand
Run Rate Sales USD 136 thousand
EBITDA Margin 10 %
Industries Mobile Shops
Locations  Aligarh
Local Time 12:33 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 17 thousand for 10.0% annual interest, 4 years (Native Currency: INR 1,500,000)
Reason: Expanding to other cities.
Collateral Available: USD 2.27 thousand
Includes physical assets worth USD 5.7 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Udyam Certificate
Business Overview
- Sell 20+ well-known brands, ensuring a diverse selection for our customers.
- We have established partnerships with four reliable suppliers to maintain a consistent stock of high-quality products.
- Our business serves approximately 100 customers per day, reflecting the strong demand for our products.
- Over the past three years, we have successfully sold more than 5,000 smartphones and, in just the last few months, have sold over 10,000 mobile accessories.
- Through consistent sales and customer satisfaction, we have built a strong market presence, becoming a leading business in the city.
- We have obtained the Udyam certificate, ensuring our compliance with business regulations and providing credibility in the market.
- Since refurbished goods do not have a fixed MRP, we benefit from strong negotiating power, allowing us to offer competitive pricing while maintaining high-profit margins.
- Our focus on quality products, affordable pricing, and excellent customer service has helped us build long-term relationships with our customers and establish a reputable business.
Products & Services Overview
- As a B2C business, we specialize in selling a wide range of mobile phones, including used, refurbished, and renewed models, catering to different customer preferences and budgets.
- In addition to smartphones and button phones, we offer a variety of accessories such as earphones, smart watches, chargers, and other essential mobile gadgets.
Assets Overview
Shop, furniture, stock, cash, amount in bank.
Facilities Overview
We have a well-located shop on the main road, privately owned by the founder in Aligarh.
Capitalization Overview
We operate the business independently with no debts or loans. The company is solely owned.
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3 Investors viewed this Business this week. Register below to connect now!
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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