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Supermarket Seeking Loan in Mau, India

High growth supermarket business in a small town seeks funds to open a new branch.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 140 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 23 %
Industries Supermarkets
Locations  Mau
Local Time 1:05 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 70 thousand for 12.0% annual interest, 10 years (Native Currency: INR 6,000,000)
Reason: To open another store in a different location of the city to grow the business.
Collateral Available: USD 70 thousand
Includes physical assets worth USD 60 thousand
Documents
GST Certificate
Building Image
Business Overview

- A retail store for all types of domestic use items.

- This store specializes in selling cheap and best products to customers since 2018.

- We sell multi-brand clothing products, grocery items, electronics, household products.

- Store is growing fast in the area and gaining popularity.

- On a daily basis we receive 50-70 walk-in customers.

- Shop is located on the main road with great visibility.

Products & Services Overview

We sell all grocery items, electronics, household products with multiple brands.

Multi brands apparel like winter, summer, girls, boys, children, women clothes.

Assets Overview

Assets include all the furniture and racks, computer hardware, electronic assets, and shop inventory.

Facilities Overview

The building is rented/leased for 10 years. Total carpet area is 2,700 sq. ft. This building is fully furnished and has 3 floors with other shops.

Capitalization Overview
Not Disclosed
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This transaction has concluded. View similar business opportunities on SMERGERS
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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