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Newly Established Convenience Store Seeking Loan in Baracoa, Cuba

Business funding needed for a convenience store with strong local demand and loyal customer base.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 39 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 0 - 10 %
Industries Convenience Stores
Locations  Baracoa
Local Time 1:28 PM America / Havana
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 7.8 thousand for 5.0% annual interest, 1 year (Native Currency: CUP 200,000)
Reason: Funds are required for working capital to meet the growing demand.
Collateral Available: USD 0
Includes physical assets worth USD 1.94 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Located in Baracoa, this small retail shop specializes in selling packaged food and non-alcoholic beverages, catering to local needs.
- The shop attracts an average of 50 customers daily, indicating a steady flow of foot traffic and community engagement.
- Registered with a valid business certificate, the store complies with local regulations, assuring customers of quality and safety.
- A diverse product range includes snacks, canned goods, and soft drinks, appealing to various customer preferences and dietary needs.
Products & Services Overview
Specializes in selling packaged food and non-alcoholic beverages, catering to local needs.
Assets Overview
Tangible assets:
- Stock.
- Furniture and fixtures.
Facilities Overview
The shop operates from a rented facility, and the monthly rent is CUP 30,000.
Capitalization Overview
- Sole owner.
- No loans or debts.
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3 Investors viewed this Business this week. Register below to connect now!
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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