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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 45 thousand
Run Rate Sales USD 45 thousand
EBITDA Margin 13 %
Industries Grocery Shops
Locations  Lucknow
Local Time 12:57 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 13 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 2.5 thousand
Includes physical assets worth USD 2.5 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
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.

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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