Computer Shop Seeking Loan in Vijayawada, India
Resellers of refurbished electronic products based out of Vijayawada operating since 1995.
This transaction has concluded.
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1.2 million |
| Run Rate Sales | USD 1.7 million |
| EBITDA Margin | 40 % |
| Industries | Computer Shops |
| Locations | Vijayawada |
| Local Time | 1:17 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
360 thousand
for
10.0%
annual interest,
10
years
(Native Currency: INR 30,000,000)
Reason: For expanding the business in new states.
Collateral Available: USD 600 thousand
Includes physical assets worth
USD
600 thousand
Business Overview
- A family-owned business operating since 1995.
- We do refurbish electronics sales and services which is now a booming market in India.
- Tie-ups with IT & software companies like Samsung & IBM for the products.
- After refurbishing, we resell it at a discounts ranging from 40 - 60%.
- Have more than 250 resellers pan India. Addition of new resellers have helped us increase sales.
- Recently, started 2 retail stores in an IT hardware complex of Vijayawada.
Products & Services Overview
Desktops, Laptops, TVs, Networking products.
Facilities Overview
- Company owned 2-floor office cum refurbished space with a total area size of 2,200 Sq. Ft.
- Sale stores of 300-350 Sq. Ft each.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
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.
