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    Grocery Shop Seeking Loan in Lucknow, India

    Company providing home delivery of groceries and daily household products in Lucknow, seeking funds for expansion.
    Established 5-10 year(s)
    Employees 5 - 10
    Legal Entity Sole Proprietorship/Sole Trader
    Reported Sales USD 43 thousand
    Run Rate Sales USD 43 thousand
    EBITDA Margin 13 %
    Industries Grocery Shops
    Locations  Lucknow
    Local Time 1:37 AM Asia / Kolkata
    Listed By Business Owner / Director
    Status Moderately Active
    Overall Rating
    5.9 / 10
    Compare with industry
    Seeking Loan
    USD 12 thousand for 10.0% annual interest, 5 years (Native Currency: INR 1,000,000)
    Reason: Need funds to expand our services by growing our delivery team.
    Collateral Available: USD 2.4 thousand
    Includes physical assets worth USD 2.4 thousand
    Name, Phone, Email
    Not disclosed
    Business Name
    Not disclosed
    User Verification
    Documents
    GST Certificate
    GST Certificate (2.8 MB)
    Registration Certificate
    Registration Certificate (356.6 KB)
    Business Overview

    - We started this business in 2015 and do home delivery of groceries, staples and daily need items.

    - Have our own delivery team and operating within 10 km radius in Lucknow. Have tied up with many retail stores who provide us with products as per customer requirements.

    - We receive orders for delivery from our customers through WhatsApp, and we procure all products through different retail stores.

    - Receive close to 50 orders in a month, and we have repeat customers who use our services. Our revenue generation is through service charges for products delivered.

    Products & Services Overview

    Grocery items, spices, personal care, home care, dry fruits, staples.

    Facilities Overview

    Rented warehouse of 500 Sq. Ft. in Lucknow.

    Capitalization Overview
    Not Disclosed
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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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