Newly Established Department Store Investment Opportunity in Vasai, India

Supermarket business located in Vasai, seeks investment to buy products stock and start operations.
This transaction has concluded.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
5:36 AM Mumbai
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 22 thousand for 49.0% stake (Native Currency: INR 1,650,000)
Reason: Delay in receiving other payments due to which we have got stuck. We need the investment to buy stoc... View More
Includes physical assets worth USD 36 thousand
Interested to connect with advisors
Documents
Business Plan
PAN Card
MSME
FASSAI
Business Overview

- Company was incorporated to start a supermarket business.

- Construction and interior works of the supermarket has been completed and operations are yet to be started.

- Once we receive this investment we would buy necessary stocks and start operations within 2 weeks.

- Some of the products like spices and other grocery items would be sold under own brand name which would be packed by a 3rd party packing company.

- Supermarket is located on the main road of Vasai, near residential layout where 27 thousand people reside and there are no supermarkets nearby.

- Have tie-up with Metro Cash and Carry which is 40 km away from our facility. They would sell us all required items at a discount.

- We will offer membership plans at a nominal charge, where the customers would get extra discount on all products.

- We will also provide free home and office delivery.

- We expect our first financial year sales to be around INR 1 Cr.

- Eventually we plan to open multiple supermarkets across India.

- One of the promoter has over 22 years of hands on experience in Hospitality, FMCG & Retail Industry and worked as a Sr. Vice President of UB Group.

Products & Services Overview

Products we would stock are - Dry Fruits, Chocolates, Ready to Eat Products, Dairy & Frozen Products, Tea & Coffee, Biscuits, Cookies, Sauces, Grains, Pluses, Grocery, Oils & Ghee, Masalas, Spices, Papad & Pickles, Soft Drinks & Juices, Stationary, Body Lotions, Shampoo, Shower Gel, Soaps, Hair Oils & Styling Gels, Fresh Fruits & Vegetables, Toiletries for Men & Women, Cleaning & House Keeping Products, Air Fresheners, Shoe, Shoe Polish, Sanitary Pads, Pooja Items and Miscellaneous Products.

Facilities Overview
Recent Activity
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This transaction has concluded. 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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