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Newly Established Convenience Store Seeking Loan in Baramulla, India

Convenience store seeks funding to boost inventory and enhance community grocery supply to meet demand.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 3 - 4 thousand
Run Rate Sales USD 4.06 thousand
EBITDA Margin 0 - 10 %
Industries Convenience Stores
Locations  Baramulla
Local Time 3:39 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 3.4 thousand for 12.0% annual interest, 4 years (Native Currency: INR 300,000)
Reason: Need funds to increase the inventory of the grocery store, purchase essential stock in bulk, and imp... View More
Collateral Available: USD 0
Includes physical assets worth USD 39.4 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
Business Overview
- Located in Baramulla, this convenience store specializes in providing a wide range of grocery items to the local community.
- The store serves approximately 10 customers daily, enhancing its visibility and customer base within the neighborhood.
- Average ticket size ranges between 50-100, indicating a healthy transaction value that supports profitability.
- Key customer demographics include local residents seeking quick and accessible grocery shopping solutions.
- The store generates revenue primarily through the sale of grocery items, capitalizing on the continuous demand for everyday products in the convenience sector.
- The store is operated solely by the owner, as it is small and does not require additional employees.
- Holds and operates with a valid Udyam certificate.
Products & Services Overview
Top-selling items include daily essentials like rice, pulses, oils, vegetables, dairy, and packaged foods. Local households and nearby residents use these products for their everyday cooking and routine consumption needs.
Assets Overview
Tangible assets:
- Land and building.
- Furniture (tables, chairs and racks)
- Shop equipment.
- Inventory/stock.
- Mobile phone.
- Small tools/equipment.
Intangible assets:
- Business goodwill.
- Customer base.
- Brand name.
Facilities Overview
The shop operates from an owned premises spanning approximately 300 sq. ft in Buniyar, Baramulla.
Capitalization Overview
- Sole owner.
- No loans or debts.
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1 Investor 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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