Profitable Supermarket For Sale In Chennai
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This Profitable Supermarket stands as a comprehensive shopping destination, having an impressive inventory that caters to a diverse range of needs. Stocked with fresh groceries, premium ice cream, a wide assortment of frozen foods (both vegetarian and non-vegetarian), chilled beverages, ready-to-eat convenience, personal care essentials, household must-haves, vegan products, and quality pet food, it offers a one-stop solution for shoppers looking for both variety and quality.
Clientele type
This well-positioned supermarket is situated in a densely populated residential neighborhood, making it conveniently accessible to approximately 300 nearby households on foot.
In addition to its physical presence, the business is also available on various online platforms, facilitating citywide shopping.
Notably, this establishment caters to an average of 200 daily customers, a testament to its widespread appeal.
Premises
LEASED
Lease per month (in INR): 70.00 K
Security Deposit (in INR): 5.00 L
Carpet Area: 1,500 sq ft
Situated on the ground floor, this establishment offers generous parking space for both cars and bikes.
Nestled within a residential area, it is conveniently accessible for around 300 households within walking distance.
The property features dedicated areas for stock storage and office space, presenting a turnkey solution for potential buyers.
Furthermore, it offers substantial room for setting up two counters dedicated to a coffee, tea, and snacks section, poised to generate an additional daily income of at least ₹10,000, which is expected to drive an overall increase in sales.
Asking Price Includes
The asking price encompasses several valuable assets, notably the trademarked store name. The comprehensive sales package comprises the entire inventory, top-of-the-line shelving units, four freezers, five refrigerators, two air conditioning units, two efficient billing systems, an eight-camera security setup, essential billing software, and the full spectrum of permits and licenses.
The same space could be utilized for operations, offering a turnkey opportunity for prospective buyers to acquire the store in its current state.
Reason
The promoter is relocating and hence would like to handover the business.
Other Details
This thriving supermarket operates seamlessly with a dedicated team of seven well-trained staff members who excel in customer service.
Distinguished as the sole supermarket in the city operating until 11:30 PM, it stands out as a beacon of convenience for shoppers.
The presence on various online platforms further bolsters sales, expanding its reach and accessibility.
Notably, the business holds the potential for franchising, with its name successfully trademarked, ensuring brand exclusivity and recognition.
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₹10 to ₹200 Cr
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What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- 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 second-line of management?
- Are you going to run the business on 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?
