Mobile Shop Seeking Loan in Allahabad, India
Mobile retail shop in Allahabad with a national distributorship of an entry-level smartphone brand.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 11.5 thousand |
| Run Rate Sales | USD 27.6 thousand |
| EBITDA Margin | 10 % |
| Industries | Mobile Shops |
| Locations | Allahabad |
| Local Time | 12:38 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
11.5 thousand
for
10.0%
annual interest,
2
years
(Native Currency: INR 1,000,000)
Reason: Expand the business by purchasing more stock and for distribution and marketing.
Collateral Available: USD 0
Includes physical assets worth
USD
5.8 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Document
(140.6 KB)
ROC-Verification.pdf
(66.2 KB)
Business Overview
- Mobile phone and accessories shop located in Allahabad.
- Receives 3-4 daily walk-ins and sales can be improved with investment in stock.
- We deal with products of all brands and have recently taken up a nationwide distributorship for an entry-level smartphone brand in China.
- All our employees are on a contract basis and we have 3-4 staff for the retail unit and 8-10 staff for the distribution.
- The office is registered in Delhi, and our operations are based out of Allahabad.
- Receives 3-4 daily walk-ins and sales can be improved with investment in stock.
- We deal with products of all brands and have recently taken up a nationwide distributorship for an entry-level smartphone brand in China.
- All our employees are on a contract basis and we have 3-4 staff for the retail unit and 8-10 staff for the distribution.
- The office is registered in Delhi, and our operations are based out of Allahabad.
Products & Services Overview
Mobile phones.Button phone.
Smart watch.
Phone accessories.
Assets Overview
INR 5 lakh is the value of the stock.
Facilities Overview
Rented 200 sq ft facility for the retail store.Have promoter-owned property of 12,000 sqft on the ground floor and first floor for our warehouse and back office process.
Capitalization Overview
Personally funded with near about INR 10 lakhs and no outstanding loans.The company has two directors with ownership of a fifty percent stake each.
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
Tags:
Newly Established Mobile Phone Retailer Seeking Loan in Allahabad, India
·Lend to Newly Established Mobile Phone Retailer in Allahabad, India
·Newly Established Mobile Phone Retailer Seeking Loan in Prayagraj
·Newly Established Mobile Shop Seeking Loan in Allahabad, India
·Lend to Newly Established Mobile Phone Retailer in Prayagraj
·Lend to Newly Established Mobile Shop in Allahabad, India
·Newly Established Mobile Shop Seeking Loan in Prayagraj
·Newly Established Mobile Phone Retailer Seeking Loan
·Lend to Newly Established Mobile Shop in Prayagraj
·Lend to Newly Established Mobile Phone Retailer
·Newly Established Mobile Shop Seeking Loan
·Lend to Newly Established Mobile Shop
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 already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 119,500+ 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