Mobile Shop Seeking Loan in Dubai, UAE
Wholesale mobile selling business catering to 1 client seeks a loan.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 4.1 million |
| Run Rate Sales | USD 4.9 million |
| EBITDA Margin | 5 % |
| Industries | Mobile Shops |
| Locations | Dubai |
| Local Time | 6:21 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
270 thousand
for
12.0%
annual interest,
3
years
(Native Currency: AED 1,000,000)
Reason: Need funds for working capital.
Collateral Available: USD 0
Includes physical assets worth
USD
980 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Commercial License
(1.3 MB)
Business Overview
- We are selling branded phones (Samsung and iPhone).
- Company is into bulk selling of products (wholesalers).
- Currently catering to 1 biggest retailer.
- Already have a loan. We do not want to take more loans that will hamper the cash flow.
- We hire contract-based employees as and when required.
- Have a commercial license.
- The promoter has 22 years of experience in this industry.
- Company is into bulk selling of products (wholesalers).
- Currently catering to 1 biggest retailer.
- Already have a loan. We do not want to take more loans that will hamper the cash flow.
- We hire contract-based employees as and when required.
- Have a commercial license.
- The promoter has 22 years of experience in this industry.
Products & Services Overview
We sell mobiles and their accessories like (earphones, headphones, etc)
Assets Overview
Tangible assets include stock and display racks.
Facilities Overview
The shop is located in the center of the city on a 3,600 sqft area with an annual rent of AED 65,000.
Capitalization Overview
- Company has 2 shareholders.- Business has a loan of AED 1 million.
Recent Activity
-
Earlier than 15 daysArea Manager, Software Development And Ecommerce, Ashburn, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Digital Marketing, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Electronic Services, Singapore, Individual Investor / Buyer 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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1 Investor contacted this Business this month.
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