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Pharmacy Seeking Loan in Sambalpur, India

Startup planning to start a chain of branded generic medicines pharmacy seeks a loan.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Pharmacies
Locations  Sambalpur
Local Time 10:41 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 23 thousand for 12.0% annual interest, 3 years (Native Currency: INR 2,000,000)
Reason: We are seeking dormant/passive investors to expand the business and share profits/loss too. All busi... View More
Collateral Available: USD 29 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
DIC Certificate
Business Overview
- Our objective is to have a chain of pharmacies for generic medicines which are WHO-GMP (World Health Organizations) recognized.
- We a have strong and sustainable USP (unique selling proposition) that is to provide a one-stop solution for all the medicinal needs.
- Our products will directly be sourced from the manufacturers and sold in our stores.
- We are aiming for a 20% profit margin and will be generating profit from the 6th month of our operations.
- There is huge growth potential and we have a nationally scalable model.
- One of our main aims is to benefit society, by providing affordable medicines and generating employment.
- The company is registered under the promoter's wife's name.
- We will have our own website and application and use digital marketing for promotions.
- Our company does not have any previous loans.
Products & Services Overview
We will provide generic medicines with an 80% discount to customers. We also, deal with surgical and similar medical health-related items.
Assets Overview
We are planning to invest in facilities and physical assets worth INR 50 lakhs.
Facilities Overview
Our plan is to open a chain of stores under our brand name. Currently, we don't have any facilities.
Capitalization Overview
Not Disclosed
Recent Activity
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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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