1. Businesses
  2. Retail/Wholesale
  3. Tamil Nadu
  4. Chennai
  5. SL009458
Edit Alert

Well Established Grocery Store For Sale In Perumbakkam

Listing ID: SL009458
Posted By: Owner
Last Active: 1+ year ago
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About Business

General products, Toys, Stationery, House Hold Items, Vegetables, Fruits, Cosmetics, Fancy Items, Crafts.

Clientele type

Daily we are generating 300 to 400bills.

Premises

We have taken a shop on rent. The carpet area of the shop is 2,500Sq Ft. The shop has a separate godown, it's carpet area is 1,000Sq Ft Per Month rent of the shop is INR93,000 Security deposit is INR22,00,000(Included in asking price)

Asking Price Includes

Asking price includes rent security deposit of INR 22,00,000. Asking price also includes AC, Fridge, Generator, CCTV Camera setup, Inverter, Software and entire Inventory

Reason

We are focusing on other business.

More Details

The shop is near a residential area. Per day, the sale is INR90,000 Approximate per-month expenses of the shop are INR2,75,000 Gross profit in this business is 25%. The shop is fully furnished, buyer can start from the day of purchase There is no supermarket in the 1KM area. We have 2000 regular customers, those details will be shared with buyer.

Keywords

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Business Tags

can be started immediately Good customer base Good reputation Prime Location Strong goodwill Well established Wide range of Products

Business Exit for ₹10 Cr – 200 Cr

Structured Transition Completed in 120 Days

Credible Buyer Connections, Confidential Discussions, and Seamless Closure

Supported by Advisors with 26+ Years of Experience

Contact IBGrid Team

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Before buying a Well Established Grocery Store For Sale In Perumbakkam, Chennai, check:
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  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • 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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