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Mobile Shop Seeking Loan in Balangoda, Sri Lanka

Reliable mobile shop offering smartphones and repair services, seeking loan for business growth opportunities.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 10 - 20 %
Industries Mobile Shops
Locations  Balangoda
Local Time 5:24 PM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 90 thousand for 30.0% annual interest, 5 years (Native Currency: LKR 30,000,000)
Reason: To increase mobile phone and accessory inventory, expand the business, improve working capital, and ... View More
Collateral Available: USD 15 thousand
Includes physical assets worth USD 30 thousand
Interested in connecting with advisors
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Business Overview
- Balangoda-based mobile phone business offering new and used smartphones, accessories, repairs, and after-sales services.
- Serves approximately 50–75 customers per day, supported by an established local customer base and a reputation for reliable service.
- Revenue is generated through smartphone sales, mobile accessories, professional repair services, and related after-sales support.
- The business maintains supplier relationships and offers customers affordable and convenient mobile solutions across different price points.
- The business has 3 employees and is supported by experienced management with established operational processes.
- The increase in monthly revenue compared with last year is mainly due to higher customer traffic, increased mobile phone and accessory sales, growth in repair services, and improved marketing and promotional offers. These factors have helped the business achieve stronger sales and overall revenue growth.
- The business has an incorporation certificate.
Products & Services Overview
Top-Selling Product/Service & Clientele:
New and used smartphones, mobile accessories, and professional repair services for local customers seeking affordable and reliable mobile solutions.
Assets Overview
Tangible assets include smartphone and accessory inventory, repair tools, furniture, computers, POS and CCTV equipment, and shop fixtures.
Intangible assets include the brand, goodwill, customer base, supplier relationships, business reputation, online presence, and operational expertise.
Facilities Overview
Operates from a ground-floor rented retail outlet with monthly rent of approximately LKR 75,000.
Capitalization Overview
The business is presently funded by a single owner and has an outstanding loan of approximately LKR 1 million.
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12 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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