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Mobile Shop Seeking Loan in Bhopal, India

Starting a distributorship of mobile phones and cosmetics for the region of Madhya Pradesh.

Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Beauty Product Shops + 1 more
Locations  Bhopal
Local Time 12:01 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 thousand for 10.0% annual interest, 4 years (Native Currency: INR 5,000,000)
Reason: Funds will be used to buy the products and start the distribution activities.
Collateral Available: USD 0
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview

Company is starting a distribution business of selling mobile phones and cosmetics in Madhya Pradesh. We have already entered into a distributorship agreement with OPPO, Realme and WOW Cosmetics. As per the agreement, we will buy the products directly from the company at a discounted price. The agreement does not have an expiry or any renewal terms.

After buying the products, we will sell it to retailers & wholesalers across Madhya Pradesh. Have more than 1,000 retailers & wholesalers in our network. Since we have 2 product segments, we plan to generate more than 60% revenue through mobile phones and approx 40% revenue through cosmetics.

One of the partner in the company has 15+ years of experience as a distributor. Business does not own any physical assets at the moment.

Products & Services Overview

Distribution of mobile phones and cosmetics.

Facilities Overview

Home based office in Bhopal.

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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