Mobile Phone & Accessories Biz Raising Funds In Nelamangala
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About Business
Product Types: Feature phones, Spare parts, Accessories, Smartphones
Brand Authorisation: Multi-brand retail
Repair Service Offered: Yes
Avg Daily Sales INR: 30-50K
Refurbished Phones Sold: Yes
The business was established in 2015 and operates two mobile phone retail stores offering mobile phones, accessories, and repair services across various brands. The business has been performing well and is looking to increase its inventory, particularly by stocking more mobile phones and premium accessories to cater to growing customer demand.
Average Monthly Sales/Revenue (FY 2026-27) : INR 1.40 Cr
The business has a team of 3 employees.
Clientele type
The business primarily serves local retail customers, mobile phone users, and customers seeking smartphones, premium accessories, and mobile repair services.
Premises
OWNED
Premise Size: 400 sq ft
Market Value (in INR): 1.50 Cr
The business operates from two premises, one of which is self-owned and the other is a rented property measuring approximately 180 sq. ft., with a monthly rent of ₹26,000.
Use of Funds
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 1.10 Cr
Minimum ticket size
INR 1.00 Cr
Reason
Increase production / capacity
Launch new product line
Purchase machinery / equipment
The promoter is looking to raise funds to purchase additional inventory and scale the business.
Licenses
Shops & Establishment
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience
