Mobile Shop Seeking Loan in Battaramulla, Sri Lanka
Premium imported electronics retailer in Sri Lanka, exclusive supplier of Korean second-hand mobiles with strong sales.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 32 thousand |
| Run Rate Sales | USD 39.4 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Mobile Shops |
| Locations | Battaramulla |
| Local Time | 3:05 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
60 thousand
for
12.0%
annual interest,
5
years
(Native Currency: USD 60,000)
Reason: We are seeking funding to purchase new inventory and meet rising demand, enabling smoother operation...
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Collateral Available: USD 0
Includes physical assets worth
USD
42 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Business Overview
• Premium electronics retail and wholesale company dealing in imported and second-hand mobile phones, laptops, and accessories.
• Operates both online and through a physical retail store with strong local presence in Sri Lanka.
• Exclusive supplier of premium-quality second-hand Korean mobile phones in the country, attracting steady demand.
• Majority of sales come from the offline store, which handles 500+ walk-in customers per month.
• Online contributes around 35% of total sales, with most customer inquiries received via WhatsApp.
• Also offers repair and accessory services, enhancing repeat business and customer retention.
• Holds a valid incorporation certificate; promoter is a US citizen managing operations using a US-based contact number.
• Positioned as a trusted destination for customers seeking affordable, high-end electronics.
• Operates both online and through a physical retail store with strong local presence in Sri Lanka.
• Exclusive supplier of premium-quality second-hand Korean mobile phones in the country, attracting steady demand.
• Majority of sales come from the offline store, which handles 500+ walk-in customers per month.
• Online contributes around 35% of total sales, with most customer inquiries received via WhatsApp.
• Also offers repair and accessory services, enhancing repeat business and customer retention.
• Holds a valid incorporation certificate; promoter is a US citizen managing operations using a US-based contact number.
• Positioned as a trusted destination for customers seeking affordable, high-end electronics.
Products & Services Overview
Second-hand Korean mobile phones, laptops, and accessories sold to retail and wholesale buyers seeking premium imports.
Assets Overview
Tangible assets include air conditioning units, inventory stock, POS systems, and CCTV.Intangible asset: Website and domain.
Facilities Overview
Rented ground-floor retail store located in Koswatta, spanning 40 sq. m, with a monthly rent of USD 500.
Capitalization Overview
Company has a USD 7.5K shareholder loan. It is managed by 1 director and jointly owned by 2 shareholders holding 60% and 40% equity stakes.
Tags:
Newly Established Mobile Phone Retailer Seeking Loan in Battaramulla, Sri Lanka
·Lend to Newly Established Mobile Phone Retailer in Battaramulla, Sri Lanka
·Newly Established Mobile Shop Seeking Loan in Battaramulla, Sri Lanka
·Lend to Newly Established Mobile Shop in Battaramulla, Sri Lanka
·Newly Established Mobile Phone Retailer Seeking Loan
·Lend to Newly Established Mobile Phone Retailer
·Newly Established Mobile Shop Seeking Loan
·Lend to Newly Established Mobile Shop
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