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Internet Startup Seeking Loan in Dhanbad, India

Online grocery platform serving 25-30 regular customers and undertaking overs via WhatsApp, website and phone.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 2.4 thousand
Run Rate Sales USD 7 thousand
EBITDA Margin 10 %
Industries Grocery Shops + 1 more
Locations  Dhanbad
Local Time 1:53 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 2.4 thousand for 12.0% annual interest, 2 years (Native Currency: INR 200,000)
Reason: For working capital and to maintain stock.
Collateral Available: USD 600
Includes physical assets worth USD 600
Business Overview

- Online grocery delivery platform started in December 2017.

- We purchase the grocery, stock it at our warehouse and then sell it as per the orders we receive.

- Have over 25-30 customers whom we serve on a regular basis.

- We undertake orders via WhatsApp, website and phone call.

- Along with groceries, we also sell few packet foods and cosmetics.

Products & Services Overview

Grocery, packet foods and cosmetics.

Facilities Overview

Have a rental office in Dhanbad.

Capitalization Overview
Not Disclosed
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This transaction has concluded. View similar business opportunities on SMERGERS
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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