Upcoming Grocery & Retail Store Raising Funds In Himatnagar
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About Business
The plan is to start a grocery and convenience retail store that offers a wide range of daily household essentials in one place. The idea is to serve nearby residential areas by providing commonly used products at reasonable prices while maintaining consistent product availability.
Store Format and Growth Plan
The business will begin with a single store and, based on performance and demand, the goal is to gradually expand into multiple outlets over time. The long-term intention is to build a small chain of neighborhood retail stores.
Location and Store Size
The store is expected to operate from a rented commercial space of around 1,800 sq. ft. to 2,500 sq. ft. The estimated monthly rent for a suitable location is expected to fall between ₹80,000 and ₹1.3 lakh, depending on the property and locality.
Product Range
The store will offer a broad mix of products typically required for everyday household needs. This includes grocery items, FMCG products, dairy items, dry fruits, disposable products, crockery, and other non-food household essentials that are commonly sold in organized retail stores.
Investment Plan
The estimated investment required to start the business is around ₹1 crore. The founder plans to raise this capital by bringing together around 5 to 7 investors, with each contributing a portion of the total investment.
Sales Expectations
The initial goal is to achieve monthly sales in the range of ₹25 lakh to ₹35 lakh within the first six months of operations. Sales performance will be regularly reviewed, and product selection and pricing will be adjusted based on customer demand and sales data.
Pricing and Offers
The store will aim to keep prices competitive compared to nearby retailers. In addition, around 60 to 80 selected products will be offered at special prices every month. Promotional offers will also be introduced during major festivals such as Diwali, Holi, Christmas, and New Year to attract more customers.
Future Direction
As the business grows, decisions around expansion, pricing strategies, and product mix will be guided by actual sales data and market feedback. The focus will remain on improving operations, increasing sales, and building a reliable neighborhood retail brand.
Clientele type
Nearby households will be the primary customer base.
Premises
The premises will be on lease.
Asking Price Includes
The terms will be discussed with potential investors.
Reason
The founder has over 3 years of experience in the same industry and is now planning to start this business. To move forward with the setup, the founder is looking for suitable investors.
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Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience
