Supermarket Seeking Loan in Mangadu, India

Supermarket located on the main road having corporate and school tie ups.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 150 thousand
Run Rate Sales USD 200 thousand
EBITDA Margin 25 %
Industries Food Shops + 1 more
Locations  Mangadu
Local Time 7:21 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 20 thousand for 12.0% annual interest, 5 years (Native Currency: INR 1,500,000)
Reason: - For alternation of the shops and add additional racks. - Looking to add more food products and pl... View More
Collateral Available: USD 14 thousand
Includes physical assets worth USD 50 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Fssai Licence
GST Certificate
Trademark
MSME
Business Overview

- A supermarket located in Mangadu, Chennai started in 2015.

- It is on the main road & footfall is around 310 customers on weekdays & 400 customers on weekends.

- Tied up with few corporates & 5 schools for the supply of products.

- We import a few fruit items from Turkey & Belgium. For other products, we have around 217 suppliers.

Products & Services Overview

- Imported fruits, Indian fruits, green vegetables & Ooty vegetables.

- Organic products, homemade wines & chocolates, snack items and many more.

Facilities Overview

A rental property with 5 years contract with an area size of 1,200 Sq. Ft.

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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