Mobile Shop Seeking Loan in Khalilabad, India
Mobile repair shop located adjacent to a main road and in a residential area.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 11.7 thousand |
| Run Rate Sales | USD 2.8 thousand |
| EBITDA Margin | 15 % |
| Industries | Mobile Shops |
| Locations | Khalilabad |
| Local Time | 2:41 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
5.8 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 5.8 thousand
Includes physical assets worth
USD
8.2 thousand
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.
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.
Capitalization Overview
Not Disclosed
Tags:
Mobile Phone Retailer Seeking Loan in Khalilabad, India
·Lend to Mobile Phone Retailer in Khalilabad, India
·Mobile Shop Seeking Loan in Khalilabad, India
·Lend to Mobile Shop in Khalilabad, India
·Mobile Phone Retailer Seeking Loan
·Lend to Mobile Phone Retailer
·Mobile Shop Seeking Loan
·Lend to Mobile Shop
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
