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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
Overall Rating
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.
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
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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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