6.8 / 10
 Allahabad

Mobile retail shop in Allahabad with a national distributorship of an entry-level smartphone brand.

Key Business Facts
Yearly Sales USD 30 thousand
EBIDTA Margin 10 %
Industries Mobile Shops
Locations  Allahabad
Business Overview
- Mobile phone and accessories shop located in Allahabad.
- Receives 3-4 daily walk-ins and sales can be improved with investment in stock.
- We deal with products of all brands and have recently taken up a nationwide distributorship for an entry-level smartphone brand in China.
- All our employees are on a contract basis and we have 3-4 staff for the retail unit and 8-10 staff for the distribution.
- The office is registered in Delhi, and our operations are based out of Allahabad.
Products & Services Overview
Mobile phones.
Button phone.
Smart watch.
Phone accessories.
Capitalization Overview
Personally funded with near about INR 10 lakhs and no outstanding loans. The company has two directors with ownership of a fifty percent stake each.
Assets Overview
INR 5 lakh is the value of the stock.
Seeking Loan
USD 12 thousand for 10.0% annual interest, 2 years (Native Currency: INR 1,000,000)
Reason: Expand the business by purchasing more stock and for distribution and marketing.
Collateral Available: USD 0
Includes physical assets worth USD 6 thousand
Interested to connect with advisors
In talks with 1 Investor
Contact Business