Mobile Shop Seeking Loan in Dubai, UAE
Used phones wholesale, distribution, trading business, sold 200k+ devices till date with 80% repeat customers.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 11 million |
| Run Rate Sales | USD 3.27 million |
| EBITDA Margin | 6 % |
| Industries | Mobile Shops |
| Locations | Dubai |
| Local Time | 4:08 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
1.09 million
for
8.0%
annual interest,
5
years
(Native Currency: AED 4,000,000)
Reason: To buy more inventory.
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Office Space
(64.1 KB)
Business Overview
- More than 200k devices sold so far.
- We cater to a wide market including, Europe, the Middle East, Africa, Asia & the USA.
- Fully trained team, with 50% of our employees working on the technical side and the rest of our team working in sales, marketing and accounts.
- Can supply 1,000+ units per day.
- We ship worldwide within 24-36 hours of order receipt.
- We have customers who pre-pay for the orders and a few suppliers who give us a 30-day payment term.
- We have 80% repeat customers owing to our excellent after-sales service support.
- Our sales have marginally dropped this year because of COVID-19 and the business is cyclical in nature.
- We cater to a wide market including, Europe, the Middle East, Africa, Asia & the USA.
- Fully trained team, with 50% of our employees working on the technical side and the rest of our team working in sales, marketing and accounts.
- Can supply 1,000+ units per day.
- We ship worldwide within 24-36 hours of order receipt.
- We have customers who pre-pay for the orders and a few suppliers who give us a 30-day payment term.
- We have 80% repeat customers owing to our excellent after-sales service support.
- Our sales have marginally dropped this year because of COVID-19 and the business is cyclical in nature.
Products & Services Overview
- Used / refurbished iPhone.- Used / refurbished Samsung smartphones.
- Our clients are based out of Europe, the Middle East, Africa, Asia & USA.
Assets Overview
The business has assets, details of which will be disclosed at a later point during the transaction.
Facilities Overview
- Leased 1,000 square feet of office space in the city centre.- The lease amount is AED 75,000 per year.
Capitalization Overview
The business is currently funded by personal savings, a credit facility from a Bank and a loan from a financial house.
Recent Activity
-
Earlier than 15 daysFounder, Digital Marketing, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysSenior Analyst, Mobile Phone Distributor, Singapore, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder & CEO, Hicksville, Financial Consultant connected with the Business
Tags:
Mobile Phone Retailer Seeking Loan in Dubai, United Arab Emirates
·Lend to Mobile Phone Retailer in Dubai, United Arab Emirates
·Mobile Shop Seeking Loan in Dubai, United Arab Emirates
·Lend to Mobile Shop in Dubai, United Arab Emirates
·Mobile Phone Retailer Seeking Loan
·Lend to Mobile Phone Retailer
·Mobile Shop Seeking Loan
·Lend to Mobile Shop
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