Fast Growing Grocery Business Under Franchisee Of A Modern Retail Company Looking For Exit
About Business
Retailing of grocery and home essentials.
Clientele type
Nearby there are 2000-2500 houses.
Per day there are 100+ bills in our store.
The monthly sale of the shop is between INR4,00,000 to INR5,00,000
Premises
We have taken a shop for rent.
Per month rent of the shop is INR45,000
Security deposit is INR90,000(not included in asking price)
The carpet area of the shop is 600Sq Ft.
The shop is fully furnished.
Asking Price Includes
The asking price includes all assets.
Racks which cost us around INR2,00,000
Freezer and fridge which cost us around INR53,000
CCTV, Counter, Billing machine.
All assets cost us around 8-9Lakhs.
Reason
We have another business also. Want to focus on that business.
More Details
We have taken franchise from well know supermarket chain.
We have 3000+ products in our store.
We do not have to put any money in inventory, its all managed by the franchiser.
On Aata, sugar, oil, ghee we are getting 3% commission and on other products we are getting 10% commission and on electronics items we are getting 20%
Franchiser is giving 50% rent and electricity bill.
Per month expenses of our business is around INR45,000
In Oct 2020 we started this business, shop furniture expenses were done by us.
Within the 3KM area, there is no supermarket of our brand.
Via mobile application also we are getting orders.
Keywords
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid Team