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    Mobile Shop Seeking Loan in Dubai, United Arab Emirates

    Wholesale mobile selling business catering to 1 client seeks a loan.
    Established 10-20 year(s)
    Employees 10 - 50
    Legal Entity Limited Liability Company (LLC)
    Reported Sales USD 4 million
    Run Rate Sales USD 5 million
    EBITDA Margin 5 %
    Industries Mobile Shops
    Locations  Dubai
    Local Time 2:44 AM Asia / Dubai
    Listed By Business Owner / Director
    Status Recently Active
    Overall Rating
    6.9 / 10
    Compare with industry
    Seeking Loan
    USD 270 thousand for 12.0% annual interest, 3 years (Native Currency: AED 1,000,000)
    Reason: Need funds for working capital.
    Collateral Available: USD 0
    Includes physical assets worth USD 1 million
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    Commercial License
    Commercial License (1.3 MB)
    Business Overview

    - We are selling branded phones (Samsung and iPhone).

    - Company is into bulk selling of products (wholesalers).

    - Currently catering to 1 biggest retailer.

    - Already have a loan. We do not want to take more loans that will hamper the cash flow.

    - We hire contract-based employees as and when required.

    - Have a commercial license.

    - The promoter has 22 years of experience in this industry.

    Products & Services Overview

    We sell mobiles and their accessories like (earphones, headphones, etc)

    Assets Overview

    Tangible assets include stock and display racks.

    Facilities Overview

    The shop is located in the center of the city on a 3,600 sqft area with an annual rent of AED 65,000.

    Capitalization Overview

    - Company has 2 shareholders.

    - Business has a loan of AED 1 million.

    Recent Activity
    • 1 week, 3 days ago
      Founder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
    Tags:

    Mobile Phone Retailer Seeking Loan in Dubai, United Arab Emirates

    ·

    Lend to Mobile Phone Retailer in Dubai, United Arab Emirates

    ·

    Mobile Shop Seeking Loan in Dubai, United Arab Emirates

    ·

    Lend to Mobile Shop in Dubai, United Arab Emirates

    ·

    Mobile Phone Retailer Seeking Loan

    ·

    Lend to Mobile Phone Retailer

    ·

    Mobile Shop Seeking Loan

    ·

    Lend to Mobile Shop

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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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