Overview
A closed electronics and accessories import-export company is available for sale in Purnia. The business was primarily engaged in importing mobile phones and accessories from China and supplying them to wholesalers and distributors across the region. It has been non-operational for the last two years due to the impact of COVID-19, but before closure, it had achieved an annual turnover of over ₹1 crore. The company worked with more than 40+ clients, dealing in 6–7 major mobile brands and over 20 accessory brands, ensuring a diverse portfolio of products. Margins in the business historically ranged between 25–35%, making it a highly profitable venture during operations. With strong past business relations, an established client network, and proven demand, this venture holds significant potential for revival and growth under new ownership. It presents a lucrative opportunity for buyers looking to enter the mobile and accessories trading market with high-margin prospects.
Business Details
Describe Property
N.A
Competition / Market
Yes, competition is there
Products & Services
Electronics - Mainly in mobile phones and accessories
Growth Potential
High growth
Reason For Sale
Wants to clear the debt
Financial Details
How the Acquisition Process Works
- 01Share Your RequirementsDefine your acquisition goals and preferences.
- 02Explore OpportunitiesReview curated businesses matching your criteria.
- 03Evaluate & ValueAnalyse financials, potential, and valuation.
- 04Due DiligenceVerify business, legal, and financial aspects.
- 05Complete AcquisitionNegotiate, close, and take ownership.