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Specialty Retailer Seeking Loan in Eastern Visayas, Philippines

Local store that provides services like online payments, package delivery drop off and airline bookings.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 17.8 thousand
Run Rate Sales USD 32 thousand
EBITDA Margin 20 %
Industries Specialty Retailers
Locations  Eastern Visayas
Local Time 2:46 PM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 3.56 thousand for 20.0% annual interest, 1 year (Native Currency: PHP 200,000)
Reason: Looking to expand the business and set up more outlets.
Collateral Available: USD 3.56 thousand
Includes physical assets worth USD 7.1 thousand
Interested to connect with advisors
Documents
Business Permit
DTI Permit
Office
Business Overview
- We operate a local outlet that provides numerous services such as package delivery drop off, TV & Internet payments, airline bookings and travel bookings.
- Have tied up with a large TV & internet provider to allow clients to visit our store to pay their TV & internet bills.
- We have also tied up with a massive logistics company to act as a package drop off point for them.
- Company operates one main store and has partner stores in 4 other municipalities that are not operated by the company.
- These partner stores operate using our name and brand and we receive a royalty for the same.
- Promoter has around 3 years of experience running the store.
- Company's physical assets include equipment, furniture and motorcycle.
Products & Services Overview
Package drop off, TV & internet payments, airline booking and online transactions.
Facilities Overview
Rented office of 20 Sq M in Philippines.
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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