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Mobile Shop Seeking Loan in Goalpara, India

Assam-based mobile store with 300 clients monthly seek funds to add more products & brands.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 28 thousand
EBITDA Margin 20 %
Industries Mobile Shops
Locations  Goalpara
Local Time 4:32 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 82 thousand for 10.0% annual interest, 5 years (Native Currency: INR 7,000,000)
Reason: We want to incorporate more brand in our product line. This would help us increase the revenue 2x-3x... View More
Collateral Available: USD 117 thousand
Includes physical assets worth USD 7.6 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- At present, the company offers products from a single phone brand but has plans to diversify its offerings by adding more brands in the near future.
- The company caters to 200-300 customers each month, providing personalized service to walk-in customers at their physical store.
- Sales are conducted exclusively through walk-ins, with no online sales or e-commerce platform currently in place.
- The company works with a network of 10 reliable suppliers to source their products, ensuring a consistent supply of quality items.
- The promoters of the business have a strong background with over 5 years of experience in the mobile phone retail industry.
- The company operates with full legal compliance, holding GST and a trade license, to conduct business.
- The company is committed to expanding its brand portfolio and customer base as it continues to grow in the mobile retail market.
- Current employee count is higher as we aim to expand operations quickly and meet the growing local demand.
Products & Services Overview
- The company specializes in selling a range of mobile phones and associated accessories, including smartphones (bestsellers), charger cables, and tempered glass accessories.
Assets Overview
3 counters worth INR 20k.
Stock value of INR 6.3 lakhs.
Facilities Overview
One room shop located in Goalpara, Assam.
This belongs to the owner.
Capitalization Overview
Owner has invested INR 5 lakhs.
INR 65k worth of loan outstandingg.
Sole owner.
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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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