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Mobile Shop Seeking Loan in Khalilabad, India

Mobile repair shop located adjacent to a main road and in a residential area.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 12 thousand
Run Rate Sales USD 3 thousand
EBITDA Margin 15 %
Industries Mobile Shops
Locations  Khalilabad
Local Time 6:35 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 6 thousand for 12.0% annual interest, 2 years (Native Currency: INR 500,000)
Reason: Buy mobile parts, accessories and raw materials from one large vendor / supplier.
Collateral Available: USD 6 thousand
Includes physical assets worth USD 9 thousand
Name, Phone, Email
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Business Name
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Business Overview

Mobile service center specializing in the repair all types of mobile phones. We used to be an authorized service center for 14 mobile brands but due to payment issue with those brands / companies, we dissolved our tie-ups and currently have tie-ups only with Micromax.

We procure mobile parts and accessories from Micromax and 8-10 vendors locally. Before COVID-19, we used to receive 25+ customers a day. The shop was closed for 3-4 months and have recently re-opened it after the lockdown was lifted. We currently receive 5 customers a day. Our run rate revenue has reduced due to COVID-19.

Looking to raise funds to buy raw materials from a large mobile parts & accessories supplier. Business owned assets include repairing tools, computer and furniture.

Products & Services Overview

Mobile repair services, sale of covers and accessories.

Facilities Overview

Rented shop of 500 sq ft located on the ground floor.

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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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