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Newly Established Mobile Shop Investment Opportunity in Chatsworth, South Africa

Exclusive distributors of a well known international smartphone brand seeking growth capital.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 260 thousand
Run Rate Sales USD 1.2 million
EBITDA Margin 15 %
Industries Mobile Shops
Locations  Chatsworth
Local Time 12:49 AM Africa / Johannesburg
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 400 thousand for 25.0% stake (Native Currency: ZAR 7,500,000)
Reason: The funds will be used to expand the inventory base and to invest in marketing.
Includes physical assets worth USD 200 thousand
Interested to connect with advisors
Documents
Business Overview

- We are the exclusive distributors of a well-known smartphone brand for the country of South Africa.

- The brand has a presence across 4 continents and manufactures phones for the lower LSM (Living Standards Measure) market.

- Our cellphones retail for ZAR 1,000 to ZAR 2,200 but have several features typically found in higher-end phones.

- We sell around 3,000 units each month through 2 retailers.

- Have also partnered with a firm to provide repairs and service.

- Started operations late last year and our revenues have increased significantly on a MoM basis.

- The physical assets currently owned by the business include inventory.

Products & Services Overview

Distribution of cellphones and related accessories.

Facilities Overview

100 sq. m. of leased office space and 250 sq. m. of warehousing space. The monthly lease rent is ZAR 19,500.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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