Food Shop Seeking Loan in Jangaon, India

Newly established company owning a grocery retail shop serving approximately 50 customers per day.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 13 thousand
EBITDA Margin
10 - 20 %
Industries
Locations
Local Time
3:12 AM Jangaon
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 11 thousand for 11.5% annual interest, 8 years (Native Currency: INR 800,000)
Reason: For expansion of business.
Collateral Available: USD 12 thousand
Includes physical assets worth USD 12 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Trade Licence
Business Overview

- September 2017 established company owns a grocery store in a commercial area.

- We source most of the products from distributors in Telangana.

- On a daily basis we receive approximately 50 customers in our shop.

- The average billing amount made by an customer is INR 300.

- We are planning to open an online grocery store and the site will be launched by 1st week of March.

- Till now we have generated INR 3 lakh from the business.

Products & Services Overview

FMCG, dairy, meat, fruits, vegetables, cattle feed supplements and all food items.

Facilities Overview
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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