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Grocery Shop Seeking Loan in Noida, India

Company selling food products via own retail store, website, mobile app and to other retail stores.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 240 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 15 %
Industries Ecommerce Websites + 1 more
Locations  Noida
Local Time 12:05 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 120 thousand for 24.0% annual interest, 2 years (Native Currency: INR 10,000,000)
Reason: To expand the business to other states of India.
Collateral Available: USD 0
Includes physical assets worth USD 120 thousand
Documents
Business Overview

- Company in Noida selling spices, grains, plants, dry fruit, tea, fruit, vegetable to customers.

- We sell products through our own retail store, website, mobile app and also sell to other retail stores.

- Have over 200 different products with more than 600 packings.

- Have more than 5,000 registered buyers on our website and successfully completed over 6,000 orders.

- We receive 180-200 walk-ins per day at our retail outlet.

- Supplying the products to more than 120 retail shops in Delhi NCR, Lucknow, Allahabad.

- Products are sourced from farmers and wholesale markets.

- 70% of the revenue is from retail distribution and 30% is from online sales & own retail store sales.

- Have mobile app launched on Android and iOS with over 100 downloads on Play Store.

- Business owns 2 vehicles, website, mobile app, furniture, computers, laptops, inventory.

Products & Services Overview

We sell oil, ghee, spices, grains, plants, dry fruit, tea, fruit, vegetable and over 200 other products with more than 600 packings. Selling the products to other retail counters and directly to customers via website, mobile app, own retail store.

Facilities Overview

We have 3,000 sq ft rented head office, over 2,000 sq ft rented godown and more than 5,000 sq ft rented display centre and a retail store.

Capitalization Overview
Not Disclosed
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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