1. Businesses
  2. Retail/Wholesale
  3. Karnataka
  4. Bangalore
  5. SL014456
Edit Alert

Grocery On Credit Biz Raising Funds For Growth In Bangalore

Listing ID: SL014456
Posted By: Owner
Last Active: 1+ year ago
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About Business

We offer customers option to purchase groceries and vegetables on an EMI basis if their order value exceeds a certain amount. Additionally, we also sell clothing and appliances to our customers.

Clientele type

Households, individuals, and working professionals.

Premises

LEASED

Lease per month (in INR): 12.00 K

Security Deposit (in INR): 1.20 L

Carpet Area: 1,800 sq ft

Asking Price Includes

We are open to both options to raise funds for our business. We can discuss the terms with potential investors.

Asking Price

INR 25.00 L

Minimum ticket size

INR 25.00 L

Reason

We are looking to expand our business and would like to upgrade machines as well.

More Details

We have tied up with banks and financial institutions to let customers buy groceries and vegetables on EMI. We buy vegetables directly from farmers and sell them online and in stores to end users.

Keywords

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Business Tags

Grocery On Credit Biz Raising Funds For Growth In Bangalore

₹10 to ₹200 Cr

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  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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