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    Mobile Shop Seeking Loan in Kolkata, India

    Refurbished mobile phone brand in the B2B market seeks a business loan for business expansion.
    This Business is on a Premium Plan
    Established 5-10 year(s)
    Employees 10 - 50
    Legal Entity Private Limited Company
    Reported Sales USD 200 thousand
    Run Rate Sales USD 200 thousand
    EBITDA Margin 10 - 20 %
    Industries Mobile Shops
    Locations  Kolkata
    Local Time 7:54 AM Asia / Kolkata
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    7.8 / 10
    Compare with industry
    Seeking Loan
    USD 1.2 million for 20.0% annual interest, 3 years (Native Currency: INR 100,000,000)
    Reason: Funds are required for expansion & stock procurement for feeding the distribution market.
    Collateral Available: USD 0
    Includes physical assets worth USD 70 thousand
    Interested to connect with advisors
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    ROC-Verification.pdf
    ROC-Verification.pdf (70.4 KB)
    Business Overview

    - We are one of the first organized refurbished mobile brands.

    - We have achieved 25% growth on a month-on-month basis.

    - The company has an experienced team in the mobile and consumer electronics trade & mobile distribution network.

    - We procure old phones directly from customers, Amazon and Flipkart.

    - These phones are then sold to our distributor network of 2,000+ retailers.

    Products & Services Overview

    We deal in procuring and selling only refurbished mobiles of brands such as Samsung, Realme, Oppo & Apple.

    Assets Overview

    Physical assets include mobile phone stock and inventory, machines, and equipment.

    Facilities Overview

    We have a rental office with an area of 8,000 sq ft in north Mumbai.

    Capitalization Overview

    The business is funded by owners' capital. The company has two directors with one of them having a 100% stake in the company. The business has an outstanding loan of INR 20 lakh.

    Recent Activity
    • Earlier than 15 days
      Founder, Mumbai, Financial Consultant connected with the Business
    • Earlier than 15 days
      Founder, Mumbai, Financial Consultant connected with the Business
    • Earlier than 15 days
      Global Business Advisor, Bangalore, Financial Consultant connected with the Business
    Tags:

    Mobile Phone Retailer Seeking Loan in Kolkata, India

    ·

    Lend to Mobile Phone Retailer in Kolkata, India

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    Mobile Phone Retailer Seeking Loan in Calcutta

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    Mobile Shop Seeking Loan in Kolkata, India

    ·

    Lend to Mobile Phone Retailer in Calcutta

    ·

    Lend to Mobile Shop in Kolkata, India

    ·

    Mobile Shop Seeking Loan in Calcutta

    ·

    Mobile Phone Retailer Seeking Loan

    ·

    Lend to Mobile Shop in Calcutta

    ·

    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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