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    Supermarket Seeking Loan in Kolhapur, India

    FMCG distributor seeking capital to setup own supermarket.
    Established 10-20 year(s)
    Employees 2 - 5
    Legal Entity Sole Proprietorship/Sole Trader
    Reported Sales USD 12 thousand
    Run Rate Sales USD 14 thousand
    EBITDA Margin 30 %
    Industries Supermarkets
    Locations  Kolhapur
    Local Time 8:06 AM Asia / Kolkata
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    6.4 / 10
    Compare with industry
    Seeking Loan
    USD 6 thousand for 13.5% annual interest, 2 years (Native Currency: INR 500,000)
    Reason: The funds will be used to launch the supermarket operations by hiring staff and launching marketing ... View More
    Collateral Available: USD 6 thousand
    Includes physical assets worth USD 2.4 thousand
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Business Overview

    - Engaged in the distribution of FMCG products including home care, skincare, and personal care projects.

    - Currently distribute over 750 products from 45+ manufacturers.

    - All distribution activities are currently run from a home-based office in a city close to Kolhapur.

    - We are seeking capital to set up a supermarket in Kolhapur.

    - Have already leased a facility in a prime area of the city.

    - The facility has a retail floor space of 650 sq. ft. and parking space of 300 sq. ft.

    - We intend to retail the products we currently distribute.

    - Currently in the process of furnishing the outlet and we estimate commercial operations to begin in 2 months.

    Products & Services Overview

    Distribution of FMCG products.

    Facilities Overview

    The distribution business is currently being run from a home based office. The supermarket facility is leased and has a retail floor space of 650 sq. ft. and parking space of 300 sq. ft. The building deposit is INR 1 lakh which has already been paid. The monthly rent is INR 10,000.

    Capitalization Overview
    Not Disclosed
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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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