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Convenience Store for Sale in Srinagar, India

For Sale: Departmental store that receives 150 customers on a daily basis located in Srinagar.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 70 thousand
Run Rate Sales USD 84 thousand
EBITDA Margin 17 %
Industries Convenience Stores
Locations  Srinagar
Local Time 8:53 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 175 thousand (Native Currency: INR 15,000,000)
Reason: The owner is selling the business because it needs more capital infusion to expand its operations. T... View More
Includes physical assets worth USD 58 thousand
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Business Name
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Documents
Business Overview
- Departmental store with a growing customer base and a wide loyal customer base in a rapidly developing area.
- The store receives around 100-150 customers on a daily basis.
- We have about 60 suppliers in the business.
- The average ticket size is INR 200.
- We are operating on the first floor of a 600 sqft place in Srinagar.
Products & Services Overview
The departmental store sells all kinds of retail products like detergents, soaps, dry fruits, juices, and spices.
Assets Overview
The physical assets of the business include stock and furniture.
Facilities Overview
Operating from a commercial spot in Srinagar with a carpet area of 600 sqft for which rent of INR 11k is paid.
Capitalization Overview
There is a single shareholder in the business with complete control.
There is a cc on the departmental store which will be paid by the owner.
Recent Activity
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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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