6.8 / 10
 Tbilisi

Company that imports safe locks from China and sells in Georgia is seeking equity capital.

Key Business Facts
Yearly Sales USD 26 thousand
EBIDTA Margin 10 %
Industries Home Appliances
Locations  Tbilisi
Business Overview
- Our business is engaged in selling safe locks, key safes, smart door locks, and bells.
- We are importing these products from suppliers in China, we have one vendor for the key locker and 5 suppliers for other products.
- Currently, we are selling these key safes to apartment owners, individuals, Airbnb, and a few companies.
- On average, we receive about 30 orders per month.
- Have a database of 1,000+ customers and companies.
- We also have contracts with shipping companies who ship and deliver our products in Georgia.
- Business does not have any loans and is run by a sole owner.
Products & Services Overview
Safe locks, key safes, smart door locks, and bells.
Assets Overview
Computer and interiors of the warehouse. Business also owns a website.
Partial Stake Sale
USD 53 thousand for 40.0% stake (Native Currency: GEL 145,000)
Reason: Funds are required to establish a physical shop and buy more products. The valuation is based on the... View More
Includes physical assets worth USD 1.8 thousand
In talks with 1 Investor
Contact Business