1. Businesses
  2. Retail/Wholesale
  3. Tamil Nadu
  4. Karur
  5. SL005858
Edit Alert

Newly Opened Supermarket for Sale in Karur, Tamil Nadu

Listing ID: SL005858
Posted By: Owner
Last Active: 1+ year ago
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About Business

The Partnership Business was started in August 2018. The Super Market is located on one of the prime locations in Main Market. It has attractive infrastructure with latest interiors designed. Located on ground floor with all amenities and parking facility. The supermarket consist of all the household stuff such as groceries and others.
Daily customer footfall used to be approx.100.
The area of the premise is 2000 sq.ft. with monthly rent of INR 40000. Security deposit paid is INR 3 lakhs.
When operational the monthly revenue was between INR 10-12 lakhs and net profit margin was 10-20%.
The Asking price is INR 16 lakhs. (Negotiable)(includes rack system, camera's, Genset, UPS, interior and other assets)
The business is Dormant since 15th Jan 2019.
Stock not included for sale

Reason

Staff issues. One of the partner has health issues. No one to manage the supermarket

Keywords

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Business Exit for ₹10 Cr – 200 Cr

Structured Transition Completed in 120 Days

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Before buying a Newly Opened Supermarket for Sale in Karur, Tamil Nadu, check:
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  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • 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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