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Mobile Phones Business Investment Opportunity in Thane, India

Authorized partner of Jio for mobile refurbishment, seeking funds for business expansion.

Established 10-20 year(s)
Employees 100 - 500
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 700 thousand
Run Rate Sales USD 700 thousand
EBITDA Margin 15 %
Industries Household Electronics Repair + 1 more
Locations  Thane
Local Time 10:24 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 360 thousand for 25.0% stake (Native Currency: INR 30,000,000)
Reason: Need funds to setup infrastructure for carrying out L3 and L4 refurbishment for Jio devices.
Includes physical assets worth USD 60 thousand
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Business Overview

- We are an authorized service provider for brands such as Samsung, LG home appliances, and have become an authorized partner for refurbishment of Jio phones since Feb 2018.

- We are authorized to refurbish Jio phones throughout the Western India, excluding Gujarat. Till date we have refurbished more than 1 lakh Jio devices.

- We receive faulty devices at our refurbishment facility from Jio service centers around the state, and once we process these devices, they are collected and distributed to service centers.

- Currently we are only doing Level 1 and 2 refurbishment, that includes only cosmetic changes in the devices. We have received authorization for carrying out Level 3 and 4, which includes chip level changes too.

Products & Services Overview

Refurbishment of Jio devices, authorized service provider for Samsung, LG appliances.

Facilities Overview

3,800 Sq. Ft. Rented space.

Capitalization Overview
Not Disclosed
Recent Activity
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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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