Mobile Shop Seeking Loan in Dubai, United Arab Emirates
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 11 million |
Run Rate Sales | USD 3.3 million |
EBITDA Margin | 6 % |
Industries | Mobile Shops |
Locations | Dubai |
Local Time | 1:25 AM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Active |
- More than 200k devices sold so far.
- We cater to a wide market including, Europe, the Middle East, Africa, Asia & the USA.
- Fully trained team, with 50% of our employees working on the technical side and the rest of our team working in sales, marketing and accounts.
- Can supply 1,000+ units per day.
- We ship worldwide within 24-36 hours of order receipt.
- We have customers who pre-pay for the orders and a few suppliers who give us a 30-day payment term.
- We have 80% repeat customers owing to our excellent after-sales service support.
- Our sales have marginally dropped this year because of COVID-19 and the business is cyclical in nature.
- Used / refurbished iPhone.
- Used / refurbished Samsung smartphones.
- Our clients are based out of Europe, the Middle East, Africa, Asia & USA.
The business has assets, details of which will be disclosed at a later point during the transaction.
- Leased 1,000 square feet of office space in the city centre.
- The lease amount is AED 75,000 per year.
The business is currently funded by personal savings, a credit facility from a Bank and a loan from a financial house.
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Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
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Earlier than 15 daysCEO, Dubai, Business Broker connected with the Business
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Earlier than 15 daysCEO, Gurgaon, Financial Consultant connected with the Business