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Newly Established Supermarket for Sale in Chennai, India

Supermarket with 120-140 daily customers nestled in vibrant Chennai neighbourhood for sale.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 310 thousand
EBITDA Margin Operating at loss
Industries Supermarkets
Locations  Chennai
Local Time 11:57 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 83 thousand (Native Currency: INR 7,000,000)
Reason: Despite being the sole owner of the supermarket, the proprietor's attention is divided due to their ... View More
Includes physical assets worth USD 71 thousand
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Business Overview
- In just six months since our establishment, our supermarket, nestled in the vibrant neighborhood of Jermiah Road, Vepery, Chennai, has surged to remarkable heights in daily sales, consistently going up to even about ₹80,000 to ₹1,00,000. This exponential growth underscores the trust and loyalty our community places in us for their everyday needs.
- Every day, our doors welcome a bustling crowd of 120 to 140 customers, each seeking quality products and attentive service. It's a testament to our commitment to offering a diverse array of goods and a shopping experience that resonates with the diverse needs of our clientele.
- As we continue to thrive and evolve, our focus remains unwavering: to be the cornerstone of convenience and excellence in retail, enriching the lives of our customers one visit at a time.
- We have all the required certificates to function.
- Can become profitable if run for a longer period of time.
Products & Services Overview
A supermarket satisfying all sorts of daily needs acting like a daily mart for customer requirements.
Assets Overview
Tangible assets include-:
1. Racks.
2. Furniture.
3. Counter.
4. AC.
5. Fans.
6. Computers.
7. Barcode machines.
8. Inventory worth INR 45 lakhs.
9. Goodwill.
10. Freezer.
11. Delivery vehicle.
12. 3KV Invertor.
13. Purchase trolley, basket.
14. CCTV.
Facilities Overview
Perched in the prime locality of Jermiah Main Road, Vepery, our supermarket stands as a beacon of convenience and quality in the heart of Chennai.
Our expansive premises sprawl across 3,200 square feet, comprising 2,200 square feet on the ground floor and an additional 1,000 square feet on the first floor.
With the potential to expand the first floor by an additional 1,000 square feet, we're poised to meet the evolving needs of our discerning clientele while maintaining our commitment to excellence and accessibility. Our facility is rented.
Capitalization Overview
Our supermarket proudly operates as a self-funded venture, with every aspect meticulously nurtured and financed by its sole proprietor. With a commitment to financial independence and stability, we stand debt-free, ensuring that every decision is made with the utmost dedication to quality and sustainability.
Recent Activity
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2 Buyers already contacted this Business. 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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