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Supermarket Seeking Loan in Chennai, India

Chennai-based supermarket seeks funding to expand, drive growth, and create more local jobs.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 40.5 thousand
Run Rate Sales USD 117 thousand
EBITDA Margin 30 %
Industries Supermarkets
Locations  Chennai
Local Time 4:54 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 116 thousand for 10.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: We require this funding to expand by opening more branches.
Collateral Available: USD 0
Includes physical assets worth USD 11.6 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- The business operates in the bustling Chennai supermarket sector.
- With a dedicated team of 15 employees, the business is committed to providing exceptional service in retail.
- It attracts an impressive footfall of 100 to 150 walk-ins per day, demonstrating robust local engagement and customer interest.
- The enterprise supports a strong customer base of 1,000 to 1,500, reflecting high satisfaction and loyalty among shoppers.
- Specializing in supermarket essentials, the product range includes high-demand children's stationery, food products, FMCG items, and groceries, catering to diverse consumer needs.
- By holding MSME and GST registrations, the business represents compliance and credibility in the marketplace.
- The company was incorporated with the MCA three years ago and had been operating as a sole proprietorship before that.
Products & Services Overview
The business's top-selling products include supermarket essentials, children's stationery, food products, FMCG items, and groceries.
B2C with robust local engagement and customer interest.
Assets Overview
Tangible assets.
- All equipment, and inventory in the supermarket.
Facilities Overview
Operates from a 1,600 sq. ft. rented facility near Velachery, Chennai.
Capitalization Overview
No loans or debt.
Partnership structure: 50/50 split between 2 directors.
Recent Activity
  • Earlier than 15 days
    Independent Advisor, Coimbatore, Commercial Real Estate Broker connected with the Business
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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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