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    Grocery Shop Seeking Loan in Malé, Maldives

    Grocery store in Maldives, planning to have physical and digital presence seeking for loan.
    Established 1-5 year(s)
    Employees < 2
    Legal Entity General Partnership
    Reported Sales Nil
    Run Rate Sales Nil
    EBITDA Margin Nil
    Industries Grocery Shops
    Locations  Malé
    Local Time 4:12 PM Indian / Maldives
    Listed By Business Owner / Director
    Status Moderately Active
    Overall Rating
    5.7 / 10
    Compare with industry
    Seeking Loan
    USD 32 thousand for 12.0% annual interest, 3 years (Native Currency: MVR 500,000)
    Reason: Loan is required to launch the grocery store. The loan amount will be used to secure a prime locatio... View More
    Collateral Available: USD 0
    Interested to connect with advisors
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    Economic Trade & Development License
    Economic Trade & Development License (168.1 KB)
    Business Overview

    - We are planning to launch hybrid grocery shopping model with physical and an online store. It will be located in Hulhumale phase 1, Maldives. It will have the following features:

    - In-store shopping: Traditional brick-and-mortar shopping experience.

    - Digital shopping: Online orders through the mobile app.

    - Local customers: The local customers will be more.

    - Full fledged grocery store: It will have all the grocery and diary products.

    - Delivery services: Doorstep delivery for online orders.

    - We will have mobile app for our store.

    Products & Services Overview

    Our products will be all kinds of grocery products and diary products.

    Assets Overview

    Currently there are no assets in the business.

    Facilities Overview

    We do not have any facility now but planning to rent a space for the grocery store.

    Capitalization Overview

    - There is only 1 owner.

    - There are no loans in the business.

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    Newly Established Grocery Shop Seeking Loan in Malé, Maldives

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    Lend to Newly Established Minimart in Malé, Maldives

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    Lend to Newly Established General Merchandise Store

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    Newly Established Convenience Store Seeking Loan

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    Newly Established Grocery Shop Seeking Loan

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    Lend to Newly Established Convenience Store

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    Lend to Newly Established Department Store

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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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