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Mobile Shop Seeking Loan in Dubai, UAE

UsedPanda is a retail and online store specializing in certified refurbished electronics, looking for loan.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 900 thousand - 1 million
Run Rate Sales USD 2.12 million
EBITDA Margin 0 - 10 %
Industries Mobile Shops + 1 more
Locations  Dubai
Local Time 9:56 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 136 thousand for 24.0% annual interest, 4 years (Native Currency: AED 500,000)
Reason: Funds are required to sell as FBN on Noon to increase the revenue and number of orders.
Collateral Available: USD 41 thousand
Includes physical assets worth USD 41 thousand
Interested to connect with advisors
Documents
Business Overview
Business Model:
E-commerce platform and physical retail store specializing in pre-owned and refurbished mobiles, laptops, and electronic devices.
Online Presence:
Certified Noon. com refurbished seller under the Fulfilled by Partner (FBP) category.
Daily online traffic exceeds 10,000+ visitors.
Over 100,000 app downloads and 50,000 registered users.
Retail Operations:
Physical store located at Majid Al Futtaim’s City Centre, attracting heavy footfall from the target customer segment.
In-store sales complement the online operations.
Revenue Channels:
Direct B2C sales via retail outlet, online platform, and Noon. com marketplace.
Team:
Operated by a lean and efficient team of 5 full-time employees.
Sales Milestone:
Achieved a monthly sales volume of AED 650,000+, with the potential to scale to AED 1.5 million monthly through strategic investment and marketing expansion.
Products & Services Overview
Used mobiles, laptops, and other electronic devices, customers are buying online through our apps, website or from our retail outlet in popular Dubai mall.
Assets Overview
Inventory of used mobiles, laptops, tablets, and other electronic devices of around 150k AED in our physical store.
Intangible assets include our online custom marketplace and Android and iOS applications.
Facilities Overview
The company is operating online and physical outlet in reputed Mall in Dubai.
Capitalization Overview
- Limited liability company with 3 partners.
- Business is funded by partners.
- The firm has no liabilities or loans.
Three co-founders have bootstrapped this company. Among them, one founder holds a majority stake of 60%, while the remaining two co-founders collectively own a 40% stake in the company.
Recent Activity
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21 Investors already contacted this Business. 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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