Supermarket Seeking Loan in Sangre Chiquito, Trinidad
Established retail and wholesale supermarket in Sangre Chiquito fulfilling 20-25 orders/day, seeking funding for promotions.
| Established | 30-40 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | USD 590 thousand |
| Run Rate Sales | USD 580 thousand |
| EBITDA Margin | 15 % |
| Industries | Supermarkets |
| Locations | Sangre Chiquito |
| Local Time | 1:42 PM America / Port of Spain |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
44 thousand
for
5.5%
annual interest,
5
years
(Native Currency: TTD 300,000)
Reason: Seeking funding for business promotions and closing the current bank OD.
The sought transaction amo...
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Collateral Available: USD 0
Includes physical assets worth
USD
37 thousand
Name, Phone, Email
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Business Name
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Business Overview
- Well-established supermarket located in Sangre Chiquito.
- Specializes in the wholesale and retail of food and beverage products, household products, over-the-counter medicines, insect poison, and alcoholic beverages, offering a diverse range of items to cater to various consumer needs.
- Majority of sales are from retail channel. Was generating up to TTD 6 million about 2 years back and has dropped due to internal cost cuttings.
- The business handles an average of 25 to 30 orders per day, with an average bill value of TTD 300 to 400.
- The products are procured from individual brand distributors,
- The supermarket holds essential licenses for pharmaceutical, pesticide, and liquor sales.
- There are 5 permanent employees, additional contract employees are hired for warehouse management and logistics services.
- Specializes in the wholesale and retail of food and beverage products, household products, over-the-counter medicines, insect poison, and alcoholic beverages, offering a diverse range of items to cater to various consumer needs.
- Majority of sales are from retail channel. Was generating up to TTD 6 million about 2 years back and has dropped due to internal cost cuttings.
- The business handles an average of 25 to 30 orders per day, with an average bill value of TTD 300 to 400.
- The products are procured from individual brand distributors,
- The supermarket holds essential licenses for pharmaceutical, pesticide, and liquor sales.
- There are 5 permanent employees, additional contract employees are hired for warehouse management and logistics services.
Products & Services Overview
Offering a wide variety of groceries, packaged foods, non-alcoholic and alcoholic beverages, OTC medicines, insect poison, motor vehicle service items, some hardware items and household products.Top selling items are alcoholic beverages.
Assets Overview
Physical assets include product inventory, storage equipment and electrical equipment.
Facilities Overview
Currently utilizing an extension of a family owned space of 4,200 sq ft and a warehouse of 2,500 sq ft.Location is Sangre Chiquito, Sangre Grande Town.
Capitalization Overview
Business is self-funded.There are 2 owners.
Having back OD.
Tags:
Supermarket Seeking Loan in Sangre Chiquito, Trinidad and Tobago
·Hypermarket Seeking Loan in Sangre Chiquito, Trinidad and Tobago
·Lend to Supermarket in Sangre Chiquito, Trinidad and Tobago
·Lend to Hypermarket in Sangre Chiquito, Trinidad and Tobago
·Supermarket Seeking Loan
·Hypermarket Seeking Loan
·Lend to Supermarket
·Lend to Hypermarket
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