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Convenience Store Seeking Loan in Ramanathapuram, India

Grocery store, established in Ramanathapuram that receives 80 customers on a daily basis seeks loan.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales INR 17 lakh
Run Rate Sales INR 18 lakh
EBITDA Margin 15 %
Industries Convenience Stores
Locations  Ramanathapuram
Local Time 12:33 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
INR 5 lakh for 10.0% annual interest, 5 years (Native Currency: INR 500,000)
Reason: We are seeking investment for developing and expansion of the business. We want to increase our cust... View More
Collateral Available: INR 20 lakh
Includes physical assets worth INR 9 lakh
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- We are a retail store based in Ramanathapuram, Tamil Nadu.
- The promoter has more than 5 years of experience in the industry.
- On a daily basis we receive around 75-100 customers.
- We have tie-ups with 7 wholesale dealers from whom we source our products. Some of the brands are Britannia and ITC.
Products & Services Overview
We are a retail store and deal in day-to-day grocery products like milk, vegetables, snacks, chips, biscuits, and chocolates.
Assets Overview
Physical assets include land worth INR 7,00,000 and furniture.
Facilities Overview
The shop is owned by the business.
Capitalization Overview
Not Disclosed
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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