Need help?

Convenience Store Seeking Loan in Malegaon, India

Department store selling stationery, cosmetics and household items seeking a business loan.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales INR 30 lakh
Run Rate Sales INR 30 lakh
EBITDA Margin 12 %
Industries Convenience Stores
Locations  Malegaon
Local Time 3:14 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
INR 5 lakh for 16.0% annual interest, 3 years (Native Currency: INR 500,000)
Reason: To purchase more inventory products and to set-up a bigger store.
Collateral Available: INR 0
Includes physical assets worth INR 1 lakh
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Department store located in Malegaon, Maharashtra.
- We sell products like groceries, cosmetics, chocolates, stationaries and household items.
- We receive 60-70 walk-ins on a daily basis and 40-50 of them are regular customers.
- We source products from wholesalers and local market.
- Shop is located on the main road with houses nearby.
- Business owns inventory worth INR 1 lakh.
Products & Services Overview
Department store selling products like groceries, cosmetics, chocolates, stationaries and household items.
Facilities Overview
Rented 200 sq ft shop located on the main road.
Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more