Grocery Shop Seeking Loan in Mysore, India
Grocery shop located in a prime location receiving 100-150 customers daily seeks a loan.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 59 thousand |
| Run Rate Sales | USD 63 thousand |
| EBITDA Margin | 10 % |
| Industries | Convenience Stores |
| Locations | Mysore |
| Local Time | 4:47 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
59 thousand
for
15.0%
annual interest,
5
years
(Native Currency: INR 5,000,000)
Reason: Need funds to purchase more stock and to build an ERP software for this shop.
Collateral Available: USD 0
Includes physical assets worth
USD
11.7 thousand
Business Overview
- The grocery shop is located in a prime residential area.
- We receive around 100-150 customers daily.
- The average order value for home delivery orders is INR 3,000 and for walking customers, it is around INR 250.
- Over 3,000 items are displayed in the racks.
- 100 vendors supply the products to us.
- We have a GST certificate and trade license.
- We receive around 100-150 customers daily.
- The average order value for home delivery orders is INR 3,000 and for walking customers, it is around INR 250.
- Over 3,000 items are displayed in the racks.
- 100 vendors supply the products to us.
- We have a GST certificate and trade license.
Products & Services Overview
We sell FMCG products, dal, grains, and cosmetics.
Assets Overview
Tangible assets include stock and primary infrastructure.
Facilities Overview
Shop is located in the north of the city on a 600 sqft area with a monthly rent of INR 8,000.
Capitalization Overview
- Sole owner.- No loan under the business.
- Have an OD facility of INR 3.5 lakhs.
Recent Activity
-
Earlier than 15 daysSenior Manager, Financial Services, Mysore, Individual Investor / Buyer connected with the Business
Tags:
General Merchandise Store Seeking Loan in Mysore, India
·Lend to General Merchandise Store in Mysore, India
·General Merchandise Store Seeking Loan in Mysuru
·Convenience Store Seeking Loan in Mysore, India
·Department Store Seeking Loan in Mysore, India
·Discount Store Seeking Loan in Mysore, India
·Lend to General Merchandise Store in Mysuru
·Grocery Shop Seeking Loan in Mysore, India
·Lend to Convenience Store in Mysore, India
·Lend to Department Store in Mysore, India
·Convenience Store Seeking Loan in Mysuru
·Department Store Seeking Loan in Mysuru
·Lend to Discount Store in Mysore, India
·Minimart Seeking Loan in Mysore, India
·General Merchandise Store Seeking Loan
·Discount Store Seeking Loan in Mysuru
·Lend to Grocery Shop in Mysore, India
·Grocery Shop Seeking Loan in Mysuru
·Lend to Convenience Store in Mysuru
·Lend to Department Store in Mysuru
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 122,500+ 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