Profitable Grocery Shop Seeking Loan in Nashik, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 36 thousand |
Run Rate Sales | USD 60 thousand |
EBITDA Margin | 40 % |
Industries | Grocery Shops |
Locations | Nashik + 1 more |
Local Time | 6:22 PM Asia / Kolkata |
Listed By | Management Member |
Status | Active |
- Business is registered in Nashik and headquartered in Mumbai.
- We have a family-owned agricultural land of 15 acres to grow different types of food grains (5-10 varieties) required for our business. Due to this our profit margin is comparatively higher.
- Have a grocery store in Nashik where we sell all types of home needs.
- We procure other daily dome essentials from wholesalers and distributors.
- On a monthly basis, we receive 500-800 walk-in customers. The customers are wholesalers, traders, and individuals.
- Now we plan to set-up more stores across Maharashtra and give out franchises under our own brand name and distribute the same on Franchisee Model.
- Business has been operational for close to 5 years but the promoter has more than 10 years of experience.
- Looking to set up franchising operations in a year.
- Running the current business of trading only 5 food grains in Nashik.
- Now want to expand in Mumbai, Thane, and Pune where the annual turnover can be INR 3 crores or higher.
We sell all sorts of grocery products and other supermarket requirements under our own brand name. Engaged in the wholesale trade of wheat, bajra, rice, jawar and other cereals.
Assets of an existing running business are around INR 10 lakh. Main assets are store interiors, racks, tables, shelves, counters, and inventory.
However, for setting up stores in Mumbai, Thane, new assets will cost up-to 1.50 crores.
- Have a facility owned 15-acre land to grow our own food grains, groceries.
- Have a rented shop of 1,000 sq ft in a residential area of Nashik.
- Our new outlets will be of 2,000-5,000 sq ft area.
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Earlier than 15 daysPartner, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysOwner, Nashik, Financial Consultant connected with the Business
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Earlier than 15 daysManager, Tourism, Dubai, Individual Investor / Buyer connected with the Business