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Newly Established Mobile Shop for Sale in Wattala, Sri Lanka

For Sale: Mobile phones and electronic selling and repair shop in Wattala.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 46 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 20 %
Industries Mobile Shops
Locations  Wattala
Local Time 12:07 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 25 thousand (Native Currency: LKR 7,500,000)
Reason: Planning to marry and go abroad.
Includes physical assets worth USD 16.6 thousand
Interested to connect with advisors
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Business Overview
- Situated in the thriving locality of Wattala, this business offers a strategic opportunity in the growing sector of mobile phones and electronic equipment sales and repair.
- The enterprise is currently operated by a small team of 2 employees, ensuring personalized customer service and a hands-on management approach.
- Engages in B2C segment, dealing in mobile phones, accessories, and offering comprehensive repair and servicing solutions.
- Generates consistent foot traffic with 5 to 10 daily customers, yielding daily transactions exceeding LKR 5,000.
- Significant growth potential with minimal initial investment, suggesting ample avenues for expansion and scalability.
- Fully compliant with local regulations, the business holds a registration certificate and possesses a dedicated bank account for seamless financial operations.
Products & Services Overview
Mobile phones and accessories buying and selling.
Phone and electronics repairing and servicing.
B2C sales.
Assets Overview
Stocks, repairing tools worth LKR 2 million, accessories and shop interiors.
Facilities Overview
Shop located on the main road. Rent is LKR 60k per month and a large space is available.
Capitalization Overview
At the moment we don't have any loan or anything to pay. Everything has been settled. Single owner business.
Recent Activity
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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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