Running Supermarket for Sale in Bangalore

Listing ID: SL005013
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

It is a well running supermarket in Bangalore. The business was started in Jan 2018. It covers a total carpet area of around 1050 sq.ft with a monthly rent of INR 52,000 and has paid INR 5 lakhs as security deposit. The supermarket is located on a well-renowned location Cox Town place in city and surrounded by good residential area. The supermarket has good infrastructure development, safety and security. The complete infrastructure has False ceiling and consists of Billing machine, Bar Code scanner, Printers, CCTV camera, Desktops, Steel Racks, store room, 4 refrigerators, Power backup, etc. The daily average footfall on weekday is 100 and on weekend is 140. The Supermarket monthly Billing is average INR 3 lakhs.
Before takeover of Supermarket the daily average billing on weekday was INR 60,000 and on daily weekend was INR 90,000. The supermarket was acquired at INR 42 lakhs.
The turnover from Jan 2018 to Mar 2018 was INR 9 lakhs. The turnover from Apr 2018 till Aug 2018 is INR 15 lakhs.
Asking price is INR 29.50 lakhs.

Reason

Owner finds difficult in running the shop as he is short of fund

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Potential to increase the business upto 1 lakh perday shop Supermarket

₹10 to ₹200 Cr

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