Electronic Device Repair Service Brand For Investment

Listing ID: SL012176
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

It aims to be India's most trustworthy and reliable electronic device repair service brand. Nowadays, some electronic devices have become the human body's second soul. We make people's lives easier by providing a one-click solution for gadget maintenance. There are always repeated and circular activities in the electronic repair service industry

Clientele type

Electronic device user are our customers

Premises

LEASED

Lease per month (in INR): 12.50 K

Security Deposit (in INR): 32.50 K

Carpet Area: 80 sq ft

Rented office

Asking Price Includes

4% stake offering

Reason

Our goal is to establish ourselves as a trustworthy and reliable repair service brand across India.

Other Details

We, founders, worked and managed a smartphone retail and repair business for 5 years; one of the founders (CEO), has a good understanding of what customers want and need, and he's vital in customer service; another founder (COO, CTO), is a self-taught UI/UX designs expert certified by google with a broad understanding of both business and technology. Also our Head Technician has 14 years of expertise in the device repair sector, has worked with a variety of demographics, and is an excellent instructor of mobile repair.
We have researched and identified that People are looking for a middle ground between authorized service centre's and local shops that offer quick solutions and high quality. We started our operation and opened a service centre in 2021 and repaired 1000+ smartphones in Dehradun city.
We did a field market survey and discovered that almost 1600 smartphones and 700 laptops are fixed every day in only Dehradun city, which represents a strong market opportunity, and we expect to gain a 5% market share by 2024.

Keywords

₹10 to ₹200 Cr

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