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 42 thousand |
| Run Rate Sales | USD 42 thousand |
| EBITDA Margin | 13 % |
| Industries | Grocery Shops |
| Locations | Lucknow |
| Local Time | 5:44 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
11.8 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 2.36 thousand
Includes physical assets worth
USD
2.36 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
GST Certificate
(2.8 MB)
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.
- 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
Recent Activity
-
Earlier than 15 daysMD, Diversified, Mumbai, Corporate Investor / Buyer connected with the Business
Tags:
General Merchandise Store Seeking Loan in Lucknow, India
·Lend to General Merchandise Store in Lucknow, India
·Convenience Store Seeking Loan in Lucknow, India
·Department Store Seeking Loan in Lucknow, India
·Discount Store Seeking Loan in Lucknow, India
·Grocery Shop Seeking Loan in Lucknow, India
·Lend to Convenience Store in Lucknow, India
·Lend to Department Store in Lucknow, India
·Lend to Discount Store in Lucknow, India
·Minimart Seeking Loan in Lucknow, India
·General Merchandise Store Seeking Loan
·Lend to Grocery Shop in Lucknow, India
·Lend to Minimart in Lucknow, India
·Lend to General Merchandise Store
·Convenience Store Seeking Loan
·Department Store Seeking Loan
·Discount Store Seeking Loan
·Grocery Shop Seeking Loan
·Lend to Convenience Store
·Lend to Department Store
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 116,500+ other businesses of all sizes.
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.
You might also be interested in these businesses