Convenience Store Seeking Loan in Sheohar, India
Business operating commercial real estate rentals and grocery stores across Bihar and Jamshedpur, seeks funding.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 37 thousand |
| Run Rate Sales | USD 38 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Convenience Stores + 1 more |
| Locations | Jamshedpur + 1 more |
| Local Time | 1:44 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
10.5 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 1,000,000)
Reason: Seeks funding to set up the grocery store in Jamshedpur and to support marketing efforts for leasing...
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Collateral Available: USD 0
Includes physical assets worth
USD
110 thousand
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Business Overview
- The business primarily focuses on real estate management and operates a grocery store, generating diversified revenue streams through property rentals and retail sales.
- Owns five properties located in Sheohar, Bihar, and Jamshedpur, leveraging local demand for commercial spaces.
- All these properties are registered under the same LLP entity, which manages and operates both the real estate and grocery businesses.
- One property in Sheohar functions as a grocery store, which caters to the local community, providing essential goods and groceries, thus ensuring consistent foot traffic and sales revenue.
- Three more commercial properties in Sheohar include one that is currently leased out as office space, creating a steady income from rent.
- The business also possesses a vacant farmhouse property in Sheohar, which offers potential for future rental income or alternative uses such as events or agritourism. The third property is also a vacant commercial/retail space.
- Another property in Jamshedpur is planned to be developed into a grocery store, which will further capitalize on the growing demand for retail and essential consumer goods in the region.
- The business operates under a Limited Liability Partnership (LLP), providing legal protection and financial structure, efficient for managing its real estate and retail operations.
- Overall, the combination of rental income from commercial properties and sales from grocery operations positions the business for sustainable growth and profitability in the local markets.
- Owns five properties located in Sheohar, Bihar, and Jamshedpur, leveraging local demand for commercial spaces.
- All these properties are registered under the same LLP entity, which manages and operates both the real estate and grocery businesses.
- One property in Sheohar functions as a grocery store, which caters to the local community, providing essential goods and groceries, thus ensuring consistent foot traffic and sales revenue.
- Three more commercial properties in Sheohar include one that is currently leased out as office space, creating a steady income from rent.
- The business also possesses a vacant farmhouse property in Sheohar, which offers potential for future rental income or alternative uses such as events or agritourism. The third property is also a vacant commercial/retail space.
- Another property in Jamshedpur is planned to be developed into a grocery store, which will further capitalize on the growing demand for retail and essential consumer goods in the region.
- The business operates under a Limited Liability Partnership (LLP), providing legal protection and financial structure, efficient for managing its real estate and retail operations.
- Overall, the combination of rental income from commercial properties and sales from grocery operations positions the business for sustainable growth and profitability in the local markets.
Products & Services Overview
- The business provides real estate leasing and retail grocery services, generating income through property rentals and daily consumer sales.- Commercial properties are used by offices and small businesses for workspace in Sheohar and Jamshedpur.
- The grocery store serves the surrounding community by supplying essential food and household items, ensuring consistent footfall and repeat customers.
- Future plans to develop another grocery outlet in Jamshedpur and utilize the vacant farmhouse for rentals, events, or agritourism.
Assets Overview
Physical assets include 3 owned commercial properties (for rental purposes) valued at approximately INR 60 lakh, two owned grocery store properties valued at approximately INR 40 lakh, and store inventory worth around INR 5 lakh.The physical assets value exceeds the loan amount, but these are essential for the operations and cannot be liquidated.
Facilities Overview
Owns four commercial properties in Sheohar, Bihar, including one currently operated as a grocery store by the company, while the other three are for rental: one leased as office space, one vacant farmhouse property, and one vacant commercial/retail space.Another property is in Jamshedpur, Jharkhand, which is planned to be developed and operated as a grocery store.
The entity is registered in Kadma, East Singhbhum, which is located in Jamshedpur.
Capitalization Overview
Self-funded.No outstanding loans on the company.
There are 2 partners in the business.
Recent Activity
-
Earlier than 15 daysIndependent Advisors, New Delhi, Financial Consultant connected with the Business
Tags:
Rented Commercial Property Seeking Loan in Jamshedpur, India
·General Merchandise Store Seeking Loan in Jamshedpur, India
·Rented Commercial Property Seeking Loan in Sheohar, India
·General Merchandise Store Seeking Loan in Sheohar, India
·Lend to Rented Commercial Property in Jamshedpur, India
·Lend to General Merchandise Store in Jamshedpur, India
·Preleased Property Seeking Loan in Jamshedpur, India
·Lend to Rented Commercial Property in Sheohar, India
·Convenience Store Seeking Loan in Jamshedpur, India
·Tenanted Property Seeking Loan in Jamshedpur, India
·Lend to General Merchandise Store in Sheohar, India
·Preleased Property Seeking Loan in Sheohar, India
·Convenience Store Seeking Loan in Sheohar, India
·Discount Store Seeking Loan in Jamshedpur, India
·Mom & Pop Shop Seeking Loan in Jamshedpur, India
·Tenanted Property Seeking Loan in Sheohar, India
·Lend to Preleased Property in Jamshedpur, India
·Grocery Shop Seeking Loan in Jamshedpur, India
·Lend to Convenience Store in Jamshedpur, India
·Lend to Tenanted Property in Jamshedpur, India
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