Established Chain of 7 Supermarkets in Mumbai looking for an Equity Partner
Product / Service
Superstores are running successfully since 8 months. Have seven stores in Mumbai and surroundings. 2 stores are located at prime location of Mumbai each of 15,000 and 1200 sq.ft. , 2 stores are located at Sangli each of 2200 sq ft. and 4000 sq. ft. one at vita which is of 5300 sq. ft., another store located at kupwad which is 5000 sq. ft and one store at Raipur which is of 15000 sq. ft. Owner has vast experience of 23 years in FMCG and had worked with well known brand like Future Group, HUL and D Mart etc. Management team consists of professional from similar industry. There are total 200 plus employees working and Store attracts 100 plus customers daily. Overall revenue of all the seven stores comes to Rs. 3.5 Cr. to Rs. 4 Cr pm. Gross profit margin is approx. 15% with no Loans. It’s a ready to run a business with well setup stores in Mumbai and surrounding. Owner wants to raise Rs. 3 Cr. Working capital fund in return of 30% equity share. There is huge scope of further expansion into other cities too.
Reason
Working Capital Requirement
Business Tags
Professional Business Valuation Services
How much is your business worth?
Get a Detailed Valuation Report within 21 Days and know the true value of your business.
Get Detailed ValuationYou may also like

{{listing.title}}
Frequently Asked Questions
How to contact a business opportunity?
Click on CONTACT BUSINESS button on the business opportunity page to get
connected. This allows you to gain access to contact details of opportunity
in exchange with your details.
Please note, getting contact detail of a business is called an introduction
and each membership plan has different introduction credits. If you do not
have any introduction credit in your account, you can neither connect nor
get the contact details of that business opportunity.
How does IndiaBiz verify the business information?
Business opportunity is either posted by the business owner or advisor.
After which, our team checks the information for completeness, language and
accuracy. Once the basic checks are met; only then the opportunity is
published.
We also get users feedback for the opportunities they contact and based on
their feedback, the opportunity maybe put on HOLD till further
clarification. Many opportunities are not published when it does not pass
through our internal procedure checks.
We sincerely request you to carry out complete due diligence before taking
the transaction ahead. In addition, the contact details of the business are
verified via phone / email.
What support can I expect from IndiaBiz?
Based on your membership plan you can get email/ phone/ online support
for communication with the other side, account queries, etc.
If you are looking for a specific type of business opportunity - our
Assisted Buying services can be useful.
Our Advisory team also provides support related to business valuation,
business plan documents, franchise expansion plan at a fee. Contact sales
team for more details on your requirements.
Click here to see how it works