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Mobile Shop Seeking Loan in Chitradurga, India

Mobile phone retailers and service centre receiving 25-30 customers daily seeks a loan.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 26 thousand
EBITDA Margin 30 %
Industries Mobile Shops + 1 more
Locations  Chitradurga
Local Time 6:32 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 14 thousand for 9.0% annual interest, 5 years (Native Currency: INR 1,200,000)
Reason: Need funds.
Collateral Available: USD 0
Includes physical assets worth USD 14 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Authorized service center for Cellecore mobiles, Ziox mobile, and Lava mobile and mobile phone retailers.

- Currently, 4 super-stockists supply the products to us.

- We receive around 25-30 customers daily.

- Generate 50% sales from phone sales and 50% from mobile servicing.

- Recently got Amaq mobile phones distribution deal with Hapi Pola in our city.

- Our team has 5 years of experience in this industry.

- Have a good trusted relationship with customers.

Products & Services Overview

Authorized mobile service center, and retail of all types of mobile and accessories.

Assets Overview

Tangible assets include stock worth INR 8 lakhs, display rack, 2 desktops, and store furniture.

Facilities Overview

Store located in the central city on 900 sq ft with a monthly rent of INR 15,000/-

Capitalization Overview

- The business is funded through personal funds.

- The company is a sole proprietorship.

- The firm has a business loan of INR 1 lakh.

Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
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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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