Mobile Store Raising Funds In Bhopal
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About Business
The store offers services like buying and selling of mobile phones, mobile recharges, mobile accessories, and second-hand mobiles.
Clientele type
Customers base:
- Students (40%): Seeking budget-friendly smartphones, accessories, and quick repair services.
- Working Professionals (30%): Interested in mid-range to high-end smartphones, business accessories, and device maintenance.
- Local Businesses (20%): Purchasing mobiles in bulk, activating SIM cards, and engaging in long-term repair contracts.
- Tech Enthusiasts (10%): Looking for premium smartphones, gadgets, and accessories.
Partnership Opportunities:
- Telecom Providers: Partner with Airtel, Jio, and BSNL to offer SIM activations and bundled smartphone plans.
- Schools/Colleges: Collaborate for student-specific offers and affordable smartphones.
- Local Businesses/Corporates: Focus on bulk device purchases, service agreements, and on-site repair services.
- E-commerce Platforms: Partner with online marketplaces like Amazon and Flipkart to sell accessories and list repair services.
Visual Representation:
- Clientele Breakdown: Students 40%, Working Professionals 30%, Local Businesses 20%, Tech Enthusiasts 10%.
- Potential Partnerships: Telecom Providers (Airtel, Jio, BSNL), Educational Institutions (Schools, Colleges), Corporates (IT Firms, Retail Outlets).
Premises
LEASED
Lease per month (in INR): 10.00 K
Security Deposit (in INR): 1.00 L
Carpet Area: 200 sq ft
Asking Price Includes
The deal involves 50% equity based on the funds infused.
Asking Price
INR 50.00 L
Minimum ticket size
INR 10.00 L
Reason
The store has strong expansion plans and the fund raising exercise is aimed at suppoting the growth of the business and meet the working capital demand.
More Details
About the store:
The store aims to establish a premium mobile retail and repair service destination in Bhopal. With increasing smartphone adoption and demand for after-sales services, this venture offers significant growth potential. The investment will help create a modern, customer-focused mobile shop with high footfall and consistent revenue growth.
he vision is to become the most trusted mobile retail and service destination in the region. The mission is to provide top-quality products, accessories, and repair services at competitive prices, supported by excellent customer service.
The Indian mobile market is growing at 7.5% CAGR. With a population of 23 lakh in Bhopal, the target audience includes students, professionals, and local businesses. There is high demand for affordable repair services and accessories in underserved areas.
The store offers a one-stop shop for mobile phones, accessories, and repairs. It focuses on personalized customer service, competitive pricing, financing options, and on-the-spot repairs using advanced technology.
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₹10 to ₹200 Cr
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