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Profitable Mobile Shop Seeking Loan in Nagpur, India

B2B wholesaler of mobile phones and mobile accessories in prime location with extensive retail network.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 70 - 80 thousand
Run Rate Sales USD 96 thousand
EBITDA Margin 30 - 40 %
Industries Mobile Shops
Locations  Nagpur
Local Time 7:43 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 34 thousand for 12.0% annual interest, 5 years (Native Currency: INR 3,000,000)
Reason: The loan is intended for the distribution of mobiles, including the purchase of mobile handsets and ... View More
Collateral Available: USD 0
Includes physical assets worth USD 40 thousand
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Business Overview
- Mobile and mobile accessories wholesaler in Nagpur, utilizing a B2B model to supply an extensive range of mobile phone accessories to over 400 retailers in the region.
- The company achieves robust distribution metrics, delivering approximately 300 mobile accessories per month to each retail counter, demonstrating strong market penetration and retailer trust.
- With 5 years of promoter experience, the business benefits from seasoned leadership, enhancing operational efficiency and strategic business decisions.
- Despite the rapid evolution of consumer preferences in mobile accessories, we maintain high-profit margins, illustrating effective cost management strategies.
- Holding a valid GST license, the business operates in compliance with tax regulations, reinforcing its credibility and commitment to legal business practices.
- Staffed by a dedicated team of 6 employees, the business efficiently manages wholesale operations and sustains reliable communication channels with its extensive retail network.
- There’s a constant demand for fresh, innovative options. While the profit margin on these accessories is high, trends shift quickly, causing certain products to lose popularity fast.
Products & Services Overview
The product range includes iPhone back cases, tempered glass, headsets, Bluetooth headsets, hands-free devices, chargers, cables, and back pouches, designed to meet a variety of customer needs and preferences. These products are offered through a B2B model to retailers.
Assets Overview
Tangible assets include mobile phones and accessories.
Intangible assets include licenses.
Facilities Overview
The facility is of 285 sq ft space and is rented for INR 35,000, situated in a prime location in Sitabuldi, on a single floor within a well-established complex.
Capitalization Overview
The business is self-funded with an outstanding credit card balance of INR 10 lakhs.
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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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