Need help?

Supermarket Seeking Loan in Barka, Oman

Supermarket with 30-50 daily customers seeks investment to open new branches in the city.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.04 million
Run Rate Sales USD 1.25 million
EBITDA Margin 10 - 20 %
Industries Supermarkets
Locations  Barka
Local Time 1:17 AM Asia / Muscat
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 260 thousand for 7.5% annual interest, 5 years (Native Currency: OMR 100,000)
Reason: The company wants to set up new branches in the city. The promoter is also open to bringing in a par... View More
Collateral Available: USD 0
Includes physical assets worth USD 910 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- The company runs a super market in one of the residential areas.
- We receive 30-50 customers on a daily basis.
- We have a supermarket with a built-up area of 2.5 k sqm.
- Families in and around the place are our highest customers.
- Most of our items are sourced from Oman and sometimes we get them from Dubai.
Products & Services Overview
The supermarket sells all grocery products that are required on a regular basis. We do not sell fruits and vegetables.
Assets Overview
Inventory in the shop worth OMR 350,000 and licence to operate.
Facilities Overview
One rented shop with a built-up area of 2,500 sqm.
Rent- 4,000 OMR per month.
Capitalization Overview
The company has two partners with a 60-40% shareholding structure and has a debt of OMR 15,000. Monthly EMIs are paid.
Recent Activity
  • Earlier than 15 days
    CEO, Ahmedabad, Financial Consultant connected with the Business
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