Need help?

Newly Established Supermarket Investment Opportunity in Cockburn Town, Turks and Caicos Islands

Supermarket under construction in Providenciales, Turks and Caicos Islands with 95-96% completed, seeking investment.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Supermarkets
Locations  Cockburn Town
Local Time 8:05 AM America / Grand Turk
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 600 thousand for 40.0% stake (Native Currency: USD 600,000)
Reason: Seeking investment for completion of the supermarket construction and procuring inventory for starti... View More
Includes physical assets worth USD 1.3 million
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Supermarket under construction in Providenciales, Turks and Caicos Islands.
- The business is currently in the final stages of construction, with completion estimated at 95-96%, indicating a near-term entry into operations.
- Supermarket's business model encompasses both wholesale and retail operations, providing a diversified revenue stream.
- The structure of the business, comprising a 2-storey building, demonstrates potential for future expansion or diversification of services.
- The initial focus on the ground floor for grocery operations indicates a clear and practical approach to market entry and revenue generation.
- With the economy of Turks and Caicos Islands witnessing rapid growth, the supermarket is positioned to benefit from increasing consumer spending and demand for retail and wholesale goods.
Products & Services Overview
- Grocery retail: The supermarket will primarily offer a range of grocery items, including fresh produce, frozen, packaged goods, household essentials, and local products.
- Wholesale goods: Alongside retail operations, the supermarket will engage in wholesale distribution, likely supplying bulk quantities of goods to smaller retailers, restaurants, hotels, and other businesses on the islands.
Target clients:
- Local residents.
- Tourists.
- Businesses.
Assets Overview
Physical assets include the value of the land and property.
Facilities Overview
Own property of 1 acre land with building property constituting 6,900 sq ft. located in Providenciales, Turk and Caicos Islands.
Capitalization Overview
Self-funded.
Having outstanding bank loans.
There is 1 owner, holding 100% shares in the business.
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor 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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more