↩ Go Back
Need help?

Grocery Shop Seeking Loan in Mysore, India

Grocery shop located in a prime location receiving 100-150 customers daily seeks a loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 60 thousand
Run Rate Sales USD 65 thousand
EBITDA Margin 10 %
Industries Grocery Shops
Locations  Mysore
Local Time 12:25 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 60 thousand for 15.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: Need funds to purchase more stock and to build an ERP software for this shop.
Collateral Available: USD 0
Includes physical assets worth USD 12 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- The grocery shop is located in a prime residential area.

- We receive around 100-150 customers daily.

- The average order value for home delivery orders is INR 3,000 and for walking customers, it is around INR 250.

- Over 3,000 items are displayed in the racks.

- 100 vendors supply the products to us.

- We have a GST certificate and trade license.

Products & Services Overview

We sell FMCG products, dal, grains, and cosmetics.

Assets Overview

Tangible assets include stock and primary infrastructure.

Facilities Overview

Shop is located in the north of the city on a 600 sqft area with a monthly rent of INR 8,000.

Capitalization Overview

- Sole owner.

- No loan under the business.

- Have an OD facility of INR 3.5 lakhs.

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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

10 Investors viewed this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more