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Grocery Shop Seeking Loan in Hyderabad, India

Grocery business in a prime residential area, generating INR 15,000 sales per day is seeking funds.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 70 - 80 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 10 %
Industries Grocery Shops
Locations  Hyderabad
Local Time 1:30 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 18 thousand for 15.0% annual interest, 5 years (Native Currency: INR 1,500,000)
Reason: Promoter is seeking funds to set up a mini supermarket and buy more inventory. He also intends to ti... View More
Collateral Available: USD 0
Includes physical assets worth USD 240
Interested to connect with advisors
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Business Overview

- A grocery store located in a prime residential location in Hyderabad that sells items such as dairy products, fruits, vegetables, consumer goods like shampoo, detergents household items, snacks, and beverages.

- We deliver milk and other dairy products to 150 houses on a daily basis.

- Accepting online orders through WhatsApp and delivering items through our own logistics.

- Generate an average of INR 15,000 billings per day out of which INR 10,000 is from diary products and INR 5,000 is from groceries.

- Tie up with 10-12 suppliers who supply the products.

- The rest of the items which are not available are ordered from JioMart and Udaan who provide retailers with a discount of 12%.

- Intend to expand and set-up a mini supermarket.

- Promoter has about 7 years of experience in the business.

Products & Services Overview

Oil, ghee, spices, grains, dry fruits, tea, vegetables, fruits, shampoos, soaps, mops, snacks, beverages, and household items.

Assets Overview

Inventory worth INR 2,00,000 which includes consumer goods such as detergents, soaps, shampoos, mops, biscuits, and household items.

Facilities Overview

Rented shop with a built-up area of 200 sqft with a monthly rent of INR 12,000 and a rental deposit of INR 50,000. The rental agreement is renewable after 2 years.

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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