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Grocery Shop Seeking Loan in Port of Spain, Trinidad and Tobago

Full functioning company that provides quality, local grown produce and dry goods at affordable prices to customers.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 150 thousand
Run Rate Sales USD 150 thousand
EBITDA Margin 8 %
Industries Grocery Shops
Locations  Port of Spain
Local Time 9:09 PM America / Port of Spain
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 22 thousand for 10.0% annual interest, 2 years (Native Currency: TTD 150,000)
Reason: To purchase vegetable chillers and some other goods.
Collateral Available: USD 4.4 thousand
Includes physical assets worth USD 9 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Plan
Business Overview

- Our company is designed to promote standard household shopping, bringing essential food to the table at a reasonable cost including meat, peas, beans and fresh vegetables.

- We help families to buy healthy food and save money & time.

- We have a family subscription plan, so they would need to register at an annual cost of TTD 200 and purchase food stuff for TTD 200 monthly.

- We bring fresh vegetables straight from the farmer. Smaller producers would also benefit from the program as they could sell their products in bulk, and the program would also allow participants the ability to save, as the expense is comparatively cheaper than buying in a store or market.

- The basket includes 2 kg of flour, 2 kg of rice, 2 kg of sugar, 500ml of cooking oil, 1 lb of peas, baking powder garlic or onion, chicken or other meat, 6-8 types of vegetables.

- Business has tie ups with more than 20 different farmers & suppliers.

- We have over 1,200 customers that have subscribed and they purchase monthly.

- Our assets include license, social media accounts, vendor list, customer database.

Products & Services Overview

We provide rice, flour, sugar, oil, peas, vegetables, fruit, meat, fish, poultry, eggs.

Facilities Overview

We rent 2 locations both on the ground floor.

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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