Need help?

Supermarkets Seeking Loan in Bengaluru

Showing 1 - 1 of 1 Supermarkets Seeking Loan in Bengaluru. Lend to a Supermarket or a Hypermarket. Listed by Direct Business Owners & Business Brokers.
Filters
  • Supermarkets

  • Bengaluru

  • Business Loan

 

Supermarket Seeking Loan in Bengaluru, India

A newly opened supermarket selling a broad range of FMCG products is seeking a loan.
Our business is essentially a newly opened supermarket that offers FMCG products from multiple categories for all the needs & requirements of its customers. - We receive about 200 to 250 walk-ins and direct orders everyday. We provide doorstep delivery services for customers within a 4 to 5 kilometre radius of our location. - These are the only two channels of revenue for our company. Deliveries are executed by our in-house staff. However, 90 percent of the billed orders are from direct walk-in customers only. We are not affiliated with any online grocery delivery platforms. - We have products from over 800 different brands listed in our supermarket. - We commenced operations in the last two months of last year because of which we could only generate a relatively lesser amount of revenue. However, we have generated enormous goodwill this year and have made a recurring customer base of more than 2,500 clients that led to the high growth of our business. - The proceeds from the business loan will be used for business expansion purposes. The interest payment along with the principal amount will be paid back to the lessee within the stipulated time period.
A newly opened supermarket selling a broad range of FMCG products is seeking a loan.
6.8   Bengaluru
Run Rate Sales
USD 243 thousand
EBITDA Margin
20 %
Business Loan
USD 22.5 K at 15%
Contact Business
List your business on SMERGERS.
Get visibility from 110,000+ member network of Businesses, Investors, Acquirers, Lenders and Advisors from 900+ Industries and 170+ Countries
Create Business Profile

Supermarket Seeking Loan in Bengaluru, India

A newly opened supermarket selling a broad range of FMCG products is seeking a loan.
Our business is essentially a newly opened supermarket that offers FMCG products from multiple categories for all the needs & requirements of its customers. - We receive about 200 to 250 walk-ins and direct orders everyday. We provide doorstep delivery services for customers within a 4 to 5 kilometre radius of our location. - These are the only two channels of revenue for our company. Deliveries are executed by our in-house staff. However, 90 percent of the billed orders are from direct walk-in customers only. We are not affiliated with any online grocery delivery platforms. - We have products from over 800 different brands listed in our supermarket. - We commenced operations in the last two months of last year because of which we could only generate a relatively lesser amount of revenue. However, we have generated enormous goodwill this year and have made a recurring customer base of more than 2,500 clients that led to the high growth of our business. - The proceeds from the business loan will be used for business expansion purposes. The interest payment along with the principal amount will be paid back to the lessee within the stipulated time period.
A newly opened supermarket selling a broad range of FMCG products is seeking a loan.
6.8   Bengaluru
Run Rate Sales
USD 243 thousand
EBITDA Margin
20 %
Business Loan
USD 22.5 K at 15%
Contact Business
Frequently
Asked
Questions
  • What level of due diligence does SMERGERS conduct on the businesses/member?

    SMERGERS scrutinizes all profiles and only features a select group of businesses, investors, advisors that meet a basic requirement. When required, certain members may have submitted some form of proof …read more

  • How active are the business profiles listed on SMERGERS?

    We regularly filter out businesses which are inactive or have already closed a transaction. Typically, if the business is actively looking to sell/raise capital, the status is shown in green.

  • How can I be sure about privacy and confidentiality?

    We understand the level of confidentiality required in strategic transactions and we strive to provide a safe and secure experience for our members. Please review our privacy policy. We …read more

  • How can I contact a business listed on SMERGERS?

    You need to be logged in before you connect with a business. Click here to register and message the business If you are already logged in, please use the contact …read more

  • Should you buy an existing business or start a business from scratch?

    Buying an existing business is generally an easier way to start a business with an immediate head start. It saves valuable time and administrative efforts, considering starting from scratch is …read more

  • How successful has SMERGERS been in helping its users successfully close a deal?

    SMERGERS is a discovery and matchmaking platform with a global reach. It helps in connecting Businesses, Investors, Acquirers, Lenders, M&A Advisors and Boutique Investment Banks across locations, industries and transactions. …read more

  • Show more