Convenience Store Seeking Loan in Motihari, India
Grocery store in Motihari, Bihar in a prime residential area, projecting sales INR 5 lakhs/month.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Convenience Stores |
| Locations | Motihari |
| Local Time | 2:33 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
11.7 thousand
for
11.0%
annual interest,
5
years
(Native Currency: INR 1,000,000)
Reason: Seeking loan to open our grocery store and procure the stocks.
Collateral Available: USD 23.4 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Logo
(104.3 KB)
Udyam Registration Certificate
(131.7 KB)
Business Overview
- Opening a grocery store in Motihari, Bihar in a prime location surrounded by residential colonies.
- We will sell all household items, food items such as frozen food, snacks and grains, personal care and hygiene.
- Expecting a customer base of 100 per day.
- Projected sales are INR 5 lakhs per month with 20% profit margins.
- Will be purchasing the stocks from brand distributors from Delhi.
- Home delivery will be provided for orders within a 10km radius.
- Planning to do online sales as well.
- Launched our Android mobile application and applied for Amazon and Flipkart registration, which will be received in 1 week.
- We will sell all household items, food items such as frozen food, snacks and grains, personal care and hygiene.
- Expecting a customer base of 100 per day.
- Projected sales are INR 5 lakhs per month with 20% profit margins.
- Will be purchasing the stocks from brand distributors from Delhi.
- Home delivery will be provided for orders within a 10km radius.
- Planning to do online sales as well.
- Launched our Android mobile application and applied for Amazon and Flipkart registration, which will be received in 1 week.
Products & Services Overview
- Grocery store - household items, food items such as frozen food, snacks and grains, personal care and hygiene.- Will be doing both offline and online sales.
Assets Overview
No physical assets are there for the business.
Facilities Overview
The facility is a single floor store space located in Singheshwar, Motihari, Bihar. Area is 1,200 sq ft and rent is INR 25k per month.
Capitalization Overview
The business will be funded by the owners.No outstanding loans or debts for the business.
There is one director, holding 100% ownership.
Recent Activity
-
Earlier than 15 daysMD, Real Estate Consultancy, Raipur, Individual Investor / Buyer connected with the Business
Tags:
General Merchandise Store Seeking Loan in Motihari, India
·Lend to General Merchandise Store in Motihari, India
·Convenience Store Seeking Loan in Motihari, India
·Discount Store Seeking Loan in Motihari, India
·Mom & Pop Shop Seeking Loan in Motihari, India
·Grocery Shop Seeking Loan in Motihari, India
·Lend to Convenience Store in Motihari, India
·Corner Shop Seeking Loan in Motihari, India
·Milk Booth Seeking Loan in Motihari, India
·Lend to Discount Store in Motihari, India
·Lend to Mom & Pop Shop in Motihari, India
·Minimart Seeking Loan in Motihari, India
·Lend to Grocery Shop in Motihari, India
·General Merchandise Store Seeking Loan
·Lend to Corner Shop in Motihari, India
·Lend to Milk Booth in Motihari, India
·Lend to Minimart in Motihari, India
·Lend to General Merchandise Store
·Convenience Store Seeking Loan
·Discount Store Seeking Loan
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