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Mobile Shop Seeking Loan in Dubai, UAE

Business trading used electronics like mobile phones, tablets, watches seeks funds for working capital.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 3 million
Run Rate Sales USD 3.27 million
EBITDA Margin 15 %
Industries Mobile Shops
Locations  Dubai
Local Time 3:29 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 270 thousand for 12.0% annual interest, 3 years (Native Currency: AED 1,000,000)
Reason: - Need funds for working capital and to procure more products. - We require more capital due to the... View More
Collateral Available: USD 109 thousand
Includes physical assets worth USD 136 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- We import used electronic goods from Japan, Korea, China and US.
- We specialize in dealing with used electronic goods such as mobile phones, tablets, and watches.
- Products are sold to local wholesalers and distributors in bulk.
- Promoters have over 5 years of experience in this field.
- Company has 2 directors and is debt free.
Products & Services Overview
We buy used electronic goods such as mobile phones, tablets and watches and sell to wholesalers and distributors.
Assets Overview
Physical assets include inventory of all the electronic items and store set-up.
Facilities Overview
Have a rented office and shop in Dubai.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
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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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