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	6:28 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

7.5 / 10

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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

Available after connect

User Verification

Documents

ROC-Verification.pdf (60.8 KB)

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.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Purchase And Sales Executive, Marbles And Stones, Bhopal, Individual Investor / Buyer connected with the Business

Tags:

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Mobile Shop Seeking Loan in Bhopal, India

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