Small Liquor Store Seeking Loan in Montego Bay, Jamaica
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1.4 thousand |
| Run Rate Sales | USD 1.14 thousand |
| EBITDA Margin | Nil |
| Industries | Liquor Stores + 1 more |
| Locations | Montego Bay |
| Local Time | 1:00 PM America / Jamaica |
| Listed By | Business Owner / Director |
| Status | Recently Active |
* The business operated successfully for approximately 11 months before temporarily closing in October last year due to Hurricane Melissa.
* During its initial operational period, the business generated average monthly revenue of approximately JMD 20,000.
* Operations resumed approximately 5 months ago. Current sales are lower as the business continues rebuilding its customer base following the temporary closure.
* The business is currently not generating profits, as earnings are being reinvested into restoring, improving, and expanding the shop.
* The business currently serves approximately 15–20 customers per week and is operated by the owner, who is the only permanent employee.
* The business is independently operated and does not currently have any strategic business relationships, as it is still in the rebuilding phase following the hurricane.
* No industry-specific licenses or certifications are currently required for operations at this stage. The owner plans to obtain the necessary food and alcohol licenses as the business continues to grow.
* With continued investment in the premises and operations, the business is well-positioned to rebuild its customer base and increase revenue over time.
- Serves local residents, workers, travelers, and nearby communities through walk-in visits an takeaways.
The value of the physical assets is higher than the amount of funds being sought; however, these assets are necessary for running operations and cannot be liquidated.
Intangible assets include customer base, and supplier relationships.
* Operations are funded through personal savings and financial support from family and friends.
* The business has no outstanding loans or debt.